Cerevel Therapeutics Appoints Paul Burgess as Chief Business Development and Strategic Operations Officer

CAMBRIDGE, Mass., June 15, 2023 (GLOBE NEWSWIRE) — Cerevel Therapeutics (Nasdaq: CERE), a company dedicated to unraveling the mysteries of the brain to treat neuroscience diseases, today announced the appointment of Paul Burgess as chief business development and strategic operations officer, effective June 20, 2023.

“I am so pleased to welcome Paul to Cerevel as our chief business development and strategic operations officer, with his proven track record of success in the biotech and pharmaceutical industry,” said Ron Renaud, president and chief executive officer of Cerevel Therapeutics. “Paul brings more than 20 years of corporate development and operational experience to the organization, and his insights and expertise will be indispensable as we seek to become the premier neuroscience company.”

“I look forward to joining Cerevel during this pivotal time and supporting the mission to transform the lives of people living with some of the most devastating neuroscience diseases,” said Mr. Burgess. “Cerevel’s patient-centered approach holds great promise for delivering new treatment options for schizophrenia, Parkinson’s disease, and epilepsy.”

About Paul Burgess
Paul Burgess is a biotechnology executive with over 20 years of experience working at both start-up companies and larger pharmaceutical organizations. Mr. Burgess’s most recent role was chief operating officer and chief legal officer of Translate Bio. At Translate Bio, he led business development, legal, program management, quality, technical operations and partner collaborations. He joined Translate Bio in 2015 and remained until 2021, when the company was sold to Sanofi for $3.2 billion.

Prior to Translate Bio, Mr. Burgess worked in a legal role at a number of companies including Scholar Rock, Civitas Therapeutics, BIND Therapeutics and Transform Pharmaceuticals. Earlier in his career, he also worked in the lab at Genetics Institute.

About Cerevel Therapeutics
Cerevel Therapeutics is dedicated to unraveling the mysteries of the brain to treat neuroscience diseases. The company is tackling diseases by combining its deep expertise in neurocircuitry with a focus on targeted receptor subtype selectivity and a differentiated approach to pharmacology. Cerevel Therapeutics has a diversified pipeline comprised of five clinical-stage investigational therapies and several preclinical compounds with the potential to treat a range of neuroscience diseases, including schizophrenia, Alzheimer’s disease psychosis, epilepsy, panic disorder, and Parkinson’s disease. Headquartered in Cambridge, Mass., Cerevel Therapeutics is advancing its current research and development programs while exploring new modalities through internal research efforts, external collaborations, or potential acquisitions. For more information, visit www.cerevel.com.