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I-Mab gets new CEO after long search. Sale of the company coming next?

The drug developer filled an 18-month-long vacuum in its top position by appointing an industry veteran with a history of deal-making as its new CEO

This article only represents the author's own views.

After 18 months without a chief executive, innovative drug maker I-Mab (IMAB.US) could finally be getting just the medicine it needs with a newly named CEO. And if Raj Kannan’s past record is any guide, a sale of the company may be in the cards.

I-Mab announced the new appointment of Kannan last Thursday, settling on an industry veteran with more than 30 years of experience at global companies. He joined I-Mab from U.S.-based Aerie Pharmaceuticals, a clinical-stage pharmaceutical company like I-Mab.

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