Riad Mishlawi to become CEO of Hikma Pharma
New Delhi: Generic drugmaker Hikma Pharmaceuticals Plc said on Wednesday that Riad Mishlawi, president of the group's injectables business, will become its chief executive officer, effective Sept. 1.The London-based company said once Mishlawi takes up the role, Said Darwazah will step down as acting CEO and return to his role as executive chairman.Mishlawi, who has been with Hikma for more...
Login or Register to read the full article
New Delhi: Generic drugmaker Hikma Pharmaceuticals Plc said on Wednesday that Riad Mishlawi, president of the group's injectables business, will become its chief executive officer, effective Sept. 1.
The London-based company said once Mishlawi takes up the role, Said Darwazah will step down as acting CEO and return to his role as executive chairman.
Mishlawi, who has been with Hikma for more than 26 years over two separate stints, was instrumental in the growth and global expansion of the group's injectables business into a market-leading position.
The FTSE midcap firm said Mishlawi will join the board and relocate from Portugal to the company's U.S. headquarters in Berkeley Heights, New Jersey.
He replaces Sigurdur Olafsson, who stepped down in June last year after four years at the London-listed drugmaker, weeks after the company cut its annual sales and margin forecasts for its generics unit
Read also: Hikma Pharma unveils authorized generic of Xyrem in US
Our comments section is governed by our Comments Policy . By posting comments at Medical Dialogues you automatically agree with our Comments Policy , Terms And Conditions and Privacy Policy .
Disclaimer: This site is primarily intended for healthcare professionals. Any content/information on this website does not replace the advice of medical and/or health professionals and should not be construed as medical/diagnostic advice/endorsement/treatment or prescription. Use of this site is subject to our terms of use, privacy policy, advertisement policy. © 2024 Minerva Medical Treatment Pvt Ltd