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Former Celgene CEO Will Run for New Jersey Senate Seat

  • Sitting Democrat Menendez had faced corruption charges
  • Celgene’s Bob Hugin stepped down from chairman role this month
Robert Hugin at a news conference outside the White House on Jan. 31, 2017. 

Robert Hugin at a news conference outside the White House on Jan. 31, 2017. 

Photographer: Andrew Harrer/Bloomberg
Updated on

Bob Hugin, the former chief executive and chairman of drug giant Celgene Corp., plans to announce his run for Senate Tuesday in the company’s home state of New Jersey.

Hugin will run as a Republican and seeks to challenge Democrat Robert Menendez. Menendez is seeking a third term months after federal prosecutors dropped a bribery case against him.