Winston-Salem's Targacept names new CEO

Hill's background includes leading the U.S. arm of the Belgian company Solvay Pharmaceuticals and its 1,200 employees in the period leading up to its acquisition by Abbott Laboratories in 2010.
At the Massachusetts-based ArQule, Hill led the transition from a fee-for-service discovery chemistry model to one with the company's own proprietary pipeline, according to an announcement from Targacept. Read more.
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