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Roche (RHHBY.OB -0.7%) hires John Reed to run its pharmaceutical research & early...

Roche (RHHBY.OB -0.7%) hires John Reed to run its pharmaceutical research & early development division, which has had its problems in recent years. Reed, who has written over 800 scientific papers, has been the CEO of the Sanford-Burnham Medical Research Institute in San Diego, an organization that has grown under his leadership. Reed won't have responsibility for Genentech.
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