Pink Sheet is part of Pharma Intelligence UK Limited

This site is operated by Pharma Intelligence UK Limited, a company registered in England and Wales with company number 13787459 whose registered office is 5 Howick Place, London SW1P 1WG. The Pharma Intelligence group is owned by Caerus Topco S.à r.l. and all copyright resides with the group.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

Printed By

UsernamePublicRestriction

MEAD JOHNSON/BRISTOL LABS CONSOLIDATION WILL BE HEADED BY RAYMOND EGAN

Executive Summary

MEAD JOHNSON/BRISTOL LABS CONSOLIDATION WILL BE HEADED BY RAYMOND EGAN effective Jan. 2, 1986, Bristol-Myers announced in a Sept. 25 press release. The newly created Bristol-Myers U.S. Pharmaceutical Group will "consolidate the functions of manufacturing, engineering, materials management, finance computed services and personnel under the Bristol-Myers U.S. Pharmaceutical & Nutritional Group" the release stated. Raymond Egan, 42, currently president of Mead Johnson, was named exec VP of the U.S. Pharmaceutical & Nutritional Group, the release noted. He began his career with the company in 1968 as a marketing research analyst with Bristol Labs, holding a series of other positions with that division before becoming VP of marketing. In 1982 he moved to Mead Johnson as exec VP and was named president in 1984. According to the company, the existing pharmaceutical business units of Bristol Labs and Mead Johnson -- Bristol Labs Pharmaceutical Division, Bristol-Myers Oncology Division, Mead Johnson Pharmaceutical Division and Mead Johnson Labs Division -- will become divisions of the newly created group. The new U.S. Pharmaceutical Group, the Mead Johnson Nutritional Group, the Bristol Labs Animal Health Care Division and Westwood Pharmaceuticals will comprise the U.S. Pharmaceutical & Nutritional Group, the release noted. The consolidation moves are being made "to provide a more flexible organization able to seize both near and longer term opportunities presented by emerging changes in the cosmetic health care system," said U.S. Pharmaceuticals & Nutritional Group President Wayne Davidson. "Over the past year it has become increasingly clear that the U.S. health care delivery system is in the process of a fundamental restructuring. As these changes occur, the drug selection process also changes." Bristol Labs products falling under Egan's new responsibilities include: cancer drugs VePesid, Platinol, Mytamycin and Blenoxane; antibiotics Ultracef, Precef, Amikin and Cefadyl; the analgesic Stadol; and the Naldecon line of cold products. Mead Johnson pharmaceutical products include: the oral cephalosporin Durice the antidepressant Desyrel; Puestran, a cholesterol-lowering agent; Ovcon oral contraceptives; K-Lyte and Klotrix potassium supplements; and anticonstipants Colace and Peri-Colace.

You may also be interested in...



Part D Discount Liability Coming Into Focus: CMS Releases Drug Cost Data

Newly released Medicare Part D data sheds light on the sales hit that branded pharmaceutical manufacturers will face when the coverage gap discount program gets under way in 2011

FDA Skin Infections Guidance Spurs Debate On Endpoint Relevance

FDA appears headed for a showdown with clinicians and the pharmaceutical industry over the proposed new clinical trial endpoints for acute bacterial skin and skin structure infections, the guidance's approach for justifying a non-inferiority margin and proposed changes in the types of patients that should be enrolled in trials

Shire Hopes To Sow Future Deals With $50M Venture Fund

Specialty drug maker Shire has quietly begun scouting deals with a brand-new $50 million venture fund, the latest of several in-house investment arms to launch with their parent company's pipelines, not profits, as the measure of their worth

Latest Headlines
See All
UsernamePublicRestriction

Register

PS009001

Ask The Analyst

Ask the Analyst is free for subscribers.  Submit your question and one of our analysts will be in touch.

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts

Cancel