Twenty-two years after graduating college, Michael Jaharis purchased his first pharmaceutical company. That was in 1972. Four decades later he had amassed a career — and a fortune — in the pharmaceutical industry highlighted by the sales of three companies: Key Pharmaceuticals, Kos Pharmaceuticals, and Pearl Therapeutics.
Along the way he experienced plenty of the trials and tribulations that go hand in hand with being an entrepreneur. “When you run a company, you are always concerned about things such as raising capital, making payroll, or just how you’re going to make everything work,” Jaharis says. “We also asked ourselves, ‘What do we do, or what can we do, to make people aware of at least one of our drugs?’” Through those struggles and by answering those tough questions, he was able to forge some best practices that stayed with him with each subsequent investment and challenge.
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