Teva Appoints Dr. R. Ananthanarayanan As New CEO For Teva API, Its Active Pharmaceutical Ingredients Business
Portfolio Pulse from Benzinga Newsdesk
Teva Pharmaceutical Industries Ltd. (TEVA) has appointed Dr. R. Ananthanarayanan as CEO of its Active Pharmaceutical Ingredients business (Teva api). Dr. Ananth will start his role on November 27, 2023, and will be based in Teva's U.S. headquarters. He brings over 34 years of experience in global API businesses and has previously served as CEO of a portfolio company of a global leading private equity firm and a leading Contract Development and Manufacturing Organization. This appointment is part of Teva's Pivot to Growth strategy announced in May 2023.
November 07, 2023 | 10:44 pm
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The appointment of Dr. R. Ananthanarayanan as CEO of Teva's API business is expected to drive growth and maximize revenue streams. His extensive experience in the industry and previous leadership roles could positively impact Teva's stock in the short term.
Dr. Ananthanarayanan's appointment is a strategic move by Teva to strengthen its API business. His extensive experience and knowledge of the industry could help drive growth and maximize revenue streams, which could positively impact Teva's stock price in the short term.
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