Inspire Pharmaceuticals, Inc. (ISPH) CEO, Workers Out as Merck & Co., Inc. (MRK) Closes Inspire Headquarters
5/17/2011 8:26:02 AM
Inspire Pharmaceuticals President and CEO Adrian Adams will be departing the company by the end of the month as a result of Merck's acquisition of the Raleigh-based drug company.
A Merck spokesman added that the company will close Inspire's administrative headquarters in Raleigh this year.
A number of senior executives will depart immediately, and efforts are under way to look into available positions within Merck for Inspire’s 175 employees nationwide.