News Briefs

05/03/2022

CHPA makes communications appointment

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The Consumer Healthcare Products Association is welcoming Logan Tucker as director of communications and media relations.

In this role, Tucker will serve as the primary contact for directing CHPA’s media strategies and tactics, and coordinate with other communications department staff to manage news, events and issues in the consumer healthcare industry. She will report to Anita Brikman, the organization’s senior vice president of communications and public affairs.

“CHPA is thrilled to welcome Logan to our staff,” said Brikman. “With more than a decade of combined legislative, communications and consulting experience, Logan’s professional background will certainly add value to our association’s communications department while enhancing our ability to amplify the impact of CHPA’s initiatives.”

Tucker joins CHPA from Deloitte, where she was a senior consultant in the firm’s government and public services sector, serving clients at both the federal and state levels. Prior to Deloitte, Tucker spent nearly 10 years on Capitol Hill, where she served in numerous communications roles, including as deputy chief of staff and communications director for Congressman Mark Amodei of Nevada.

“I’m honored to join the CHPA team, and additionally grateful for the opportunity to highlight the important work our member companies do each day to ensure American consumers are able to pursue happier and healthier lives through responsible self-care,” Tucker said.

She also previously served as communications director for Congressman Stephen Fincher of Tennessee and as a press assistant for Wyoming Senator John Barrasso. Tucker is an Austin, Texas native who has a bachelor’s degree in public relations from Texas Tech University.

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05/02/2022

Advanz Pharma names new CEO

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Advanz Pharma, a pharmaceutical company with a strategic focus on specialty pharmaceuticals, specialty and hospital generics in Europe, is welcoming Steffen Wagner as its new CEO.

Wagner joins from Stada, where he was a member of the Global Executive Committee and responsible for European markets. A medical doctor by training, he has previously held senior roles at Biogen and within the Novartis Group, and worked as a consultant at McKinsey and Bain.

In addition, Wagner brings extensive international pharma experience that will be highly valuable in driving Advanz Pharma’s continued journey to be the partner of choice for commercializing specialty pharmaceuticals, specialty and hospital generics in Europe, the company said.

Wanger was appointed together with several other recent senior leadership hires as Advanz Pharma now enters into the next phase of its growth journey. These appointments include new CFO Andreas Stickler, who joined from Merck KGaA, and Susanna El-Armale, who joined as chief corporate development officer from Theramex.

“This is a hugely exciting time to be joining Advanz Pharma. It is a great platform on which we can build to achieve our vision to be a partner of choice in specialty pharmaceuticals in Europe,” Wagner said. “We will further expand the commercial footprint and accelerate growth via mergers and acquisitions, business development and licensing, and product launches. I am looking forward to working with my Advanz Pharma colleagues and helping to improve patients’ lives by providing the critical medicines they depend on.”

05/02/2022

Lundbeck names​​​​ CFO, head of corporate functions

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Lundbeck is welcoming a new executive. Joerg Hornstein is joining as chief financial officer and member of Lundbeck’s executive management. He will assume the role no later than Sept. 1, 2022, and he will be registered with the Danish Business Authority.

Lundbeck described Hornstein as an action-oriented, change-driven leader, with a strong track record in integrating, restructuring, scaling up and improving business performance and productivity in pharmaceutical, biotech and fast-moving consumer goods industries. He has proven experience in executive management roles and as a principal financial advisor on boards of directors.

Hornstein is joining Lundbeck from AC Immune, a clinical-stage biopharmaceutical company specialized in precision medicine to diagnose, treat and prevent neurodegenerative diseases, headquartered in Lausanne, Switzerland, where he currently serves as executive vice president and chief financial officer.

“Following a thorough internal and external search, we are delighted to welcome Joerg to Lundbeck. He brings extensive experience in delivering results and creating value across increasingly complex financial roles in Merck KGaA, Unternehmensgruppe Theo Mueller and, most recently, as CFO of AC Immune,” said Deborah Dunsire, CEO of Lundbeck.

“Joerg has a strong mix of understanding of neuroscience and pharma, exceptional operational experience across multiple functions and countries, and demonstrated ability to lead through business transformations. The insights he has gained by leading across cultures and through periods of significant change will be valuable in ensuring Lundbeck continues to be well positioned for sustainable, long-term value creation in the years ahead,” Dunsire said.

Hornstein has been with AC Immune since 2017, where he oversaw finance and various corporate functions. Over the years, he led a financial transformation of the company’s operations, leading to a strengthened financial and investor position. He also implemented state of the art systems and processes across all corporate functions, as well as a new portfolio investment approach.

Prior to AC Immune, he served as senior vice president and head of group controlling at Unternehmensgruppe Theo Mueller, a consumer products company with operations across the entire value chain and an annual revenue of approximately 7 billion euros. In this role, Hornstein transformed the financial profile of the business during periods of major acquisitions and significant organic growth.

He began his career at Merck KGaA, where he spent 12 years in financial roles of increasing responsibility across different businesses, including roles at the headquarters in Germany, as well as in Indonesia, China and the United States. Hornstein has lived in six countries and is a German national.

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05/02/2022

Rimmel London intros Kind & Free vegan mascara

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Rimmel London Kind & Free mascara

There’s a new mascara from Rimmel London debuting in the beauty aisle.

Kind & Free, the brand’s first entry into clean cosmetics, features a vegan formula that contains such ingredients as organic shea butter and biotin to deliver volume and length, the company said.

Designed to provide up to 36 hours of wear, Kind & Free has a flexible and creamy texture, and features a bio-brush made from renewable bio-based fibers.

Available in black and brown black shades, Rimmel London Kind & Free mascara retails for $5.99 and can be found at mass market, drug stores, food and e-commerce retailers nationwide.

05/02/2022

FDA gives Breckenridge tentative OK for generic Pradaxa

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Breckenridge has received the Food and Drug Administration’s tentative approval for dabigatran etexilate capsules.

The medication is the generic of Boehringer Ingelheim's Pradaxa.

Pradaxa is used to reduce the risk of stroke and blood clots in adults who have a medical condition called atrial fibrillation that is not caused by a heart valve problem; treat blood clots in the veins of legs (deep vein thrombosis) and lungs (pulmonary embolism) after treatment with an injectable medicine to treat blood clots for five to 10 days; and reduce the risk of blood clots from happening again in the veins of legs and lungs after a patient has received treatment for blood clots.

Breckenridge said that the product development was a collaboration between Towa Pharmaceutical Europe, S.L. coupled with an external contract manufacturing organization. 

Breckenridge has the three strengths consistent with the brand — 75 mg, 110 mg and 150 mg.

Pradaxa had a market value of $455 million during the 12 months ending February 2022, according to industry data, the company said.

05/02/2022

Meitheal Pharmaceuticals joins AAM

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The Association for Accessible Medicines is welcoming a new member.

Meitheal Pharmaceuticals, a fully integrated generic injectables company based in Chicago, has joined the organization. 

“We are proud to partner with AAM in support of our mission to bridge important gaps in health care with an affordable and diversified range of generic injectables,” said Tom Shea, CEO of Meitheal Pharmaceuticals. “We look forward to working together to achieve our shared goal of getting safe, effective and more-affordable medicines out of the lab and into the hands of the people who need them.”

The company primarily specializes in the development, manufacture, procurement and sale of generic injectable pharmaceuticals, with 36 FDA-approved products covering indications for anti-infective, oncolytic and intensive care. 

“Meitheal’s active engagement in AAM makes our voice even stronger and more effective as we advocate on behalf of the generic industry and its mission to ensure that our quality, safe, effective and affordable medicines are accessible to America’s patients,” said Dan Leonard, CEO of AAM. “We are pleased to welcome Tom Shea’s participation on our board of directors alongside his industry peers.”

Furthermore, Meitheal has an expanding product portfolio and robust pipeline, including single and multidose vials, ready-to-use prefilled syringes and premixed bags. As of the end of March 2022, Meitheal had 49 products in the research and development phase, 24 products were under review by the Food and Drug Administration, and 16 products were planned to be launched in 2022, the company said.