News roundup: MidSouth hires new CFO…Shreveport company testing cocaine treatment

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Bank getting bigger: A veteran Georgia banker is the new chief financial officer for MidSouth Bank. James McLemore has joined Lafayette-based MidSouth after seven years as executive vice president and CFO of Security Bank Corp. in Macon, Ga. McLemore will be responsible for MidSouth’s financials, and will also assist in market strategies and analysis. He replaces Eustis Corrigan, who left the bank in January to head the new Lafayette office of Postlethwaite & Netterville.

Cocaine treatment might have wider implications: Embera NeuroTherapeutics, a Shreveport-based pharmaceutical company, has completed a pilot study for treating cocaine addiction. The company has boosted its management team and is raising capital to advance the clinical development of its product, EMB-001. The company believes its treatment may treat other disorders, such as obesity, alcoholism and smoking.

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