Cipla Ltd. Hires Former Teva Pharmaceutical Industries Limited (TEVA) V.P. to Run European Respiratory Biz
7/5/2012 7:40:01 AM
Cipla, India's second-largest drug maker, has hired Teva's former vice-president Frank Pieters to spearhead its European respiratory business, a move that signals the company's intention of benefiting from blockbuster inhaler products going off patent in the European market. ters, who was looking after the southern European region for generic drug giant Teva, is known to have shaped the respiratory business for the Israeli firm. Before Teva, Pieters was heading the Belgium and Luxemburg operations of British pharma giant, GlaxoSmithkline.