Amgen names David Piacquad Senior Vice President, Business Development

Amgen (NASDAQ:AMGN) today announced the appointment of David Piacquad to the new position of senior vice president, Business Development, effective immediately. Piacquad will report directly to Robert A. Bradway, chairman and chief executive officer, and will be responsible for business development across Amgen. Piacquad leads a new organization that combines the previously separate Corporate Development and External Research & Development groups.

Piacquad joined Amgen in June 2010 as vice president, Strategy & Corporate Development, bringing 26 years of business development and related experience. He joined Schering-Plough Corporation in 2006, reaching the level of senior vice president, Business Development & Licensing. He joined Johnson & Johnson in 1984, holding a series of leadership roles in finance and business development.

Piacquad received his undergraduate degree from Colgate University and his master’s degree in Business Administration from The Wharton School at the University of Pennsylvania.

“We are very pleased to have David step into this new role at Amgen,” said Bradway. “This change reflects Amgen’s increasing focus on harnessing external as well as internal innovation to ensure long-term growth for the company. It also reflects our intent to enhance and integrate our business development capability at Amgen so that we can bring in the very best external opportunities for patients and shareholders in line with our strategy.”