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Consumer OTC Drugs

Interview With Schering-Plough CEO Fred Hassan

This article was originally published in The Tan Sheet

  • News
  • Daniel Healey

Executive Summary

Fred Hassan assumed leadership of Schering-Plough in 2003 to revive a company hampered by legal, regulatory and financial difficulties. Schering was faced with a five-year FDA consent decree and the decline of its marquee prescription Claritin franchise. Hassan brought with him a reputation for successfully turning around struggling firms. He served as CEO of Pharmacia before selling the company to Pfizer in 2002. Prior to joining Pharmacia, Hassan served as executive VP-pharmaceuticals & medical products at Wyeth. Hassan discussed a number of issues facing Schering in 2005 with "The Tan Sheet" on Feb. 8.

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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

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