Supernus Pharmaceuticals, a global drugmaker with an estimated $4 billion in sales, has been under scrutiny for the past several years.The company has been the subject of scrutiny from government regulators and Congress for its sales practices, including a potential connection to the opioid crisis.It is one of the largest pharmaceutical companies in the world,…
VALEANT, Ohio — Valeant Pharmaceutical and its chief executive, Peter Vessenes, have announced the appointment of former New York City Mayor Michael Bloomberg as the company’s new CEO.Bloomberg, who served as New York’s mayor from 1994 to 2002, has been in private equity since 2013 and previously served as chief operating officer of the global…
Astrazenec, one of the largest U.S. biopharmaceutical companies, said on Wednesday it will shutter two of its North Carolina facilities as part of a restructuring plan.The company will lay off about 1,200 workers, the largest such job cut in North America and the first since it began outsourcing some of its manufacturing operations to overseas…
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