Arena Pharma (ARNA) Tops Q1 EPS by 1c

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Arena Pharma (ARNA) Taps Epirus Biopharma's Munshi as CEO

May 9, 2016 4:07 PM EDT

Arena Pharmaceuticals, Inc. (NASDAQ: ARNA) announced that it has appointed Amit D. Munshi as President, Chief Executive Officer and interim principal financial officer, effective May 11, 2016. Mr. Munshi will also join Arena's Board of Directors following Arena's 2016 annual stockholders' meeting, which is scheduled for June 13, 2016.

Mr. Munshi brings to Arena more than 25 years of global biopharmaceutical industry experience in executive management, business development, product development and portfolio management. Harry F. Hixson, Jr., Ph.D., who has served as Arena's interim Chief Executive Officer and interim principal financial officer since October 2015 and as a... More