Bausch & Lomb recruits two Schering-Plough leaders as CEO, chairman
ROCHESTER, N.Y. Bausch & Lomb on Monday recruited two former Schering-Plough senior leaders to take the reigns at the eye care company.
Former Schering-Plough chairman and CEO Fred Hassan will now serve as B&L chairman, and Brent Saunders, most recently SVP and president of Schering-Plough’s Consumer Healthcare unit, was named CEO. The moves are effective immediately.
B&L’s current chairman and CEO Gerald Ostrov is retiring and will serve as a consultant during the transition, B&L stated.
“Jerry Ostrov stabilized a very challenging situation at Bausch & Lomb and helped move us toward a stronger global organization,” stated Hassan. “Now we will be initiating a new phase to take Bausch & Lomb to an even higher level of performance. I look forward to my role as chairman of an active and engaged board of directors, working closely with and supporting our new CEO Brent Saunders.”
Merix unveils new over-the-counter genital herpes treatment
BARRINGTON, Ill. Merix Pharmaceutical unveiled its new Fast-Results! genital herpes treatment this month while attending the ECRM Cough, Cold and Allergy conference in Dallas.
The only OTC treatment for genital herpes, Fast-Results! answers an unmet need of people who suffer painful symptoms associated with genital herpes outbreaks. Designed to be used in conjunction with prescription medication, Fast-Results! also brings needed treatment to consumers who cannot afford prescription medication.
Fast-Results! genital herpes treatment is comprised of Merix’ patented technology Viracea, which contains an approved ingredient under the FDA OTC antiseptic/antimicrobial monograph, the company stated. At clinical trial, Viracea was shown to be effective in lesions caused by herpes.
According to Centers for Disease Control and Prevention, 16% of Americans currently suffer from genital herpes, which equates to approximately 37 million adults.
“We believe there is a very strong market need for this product,” stated Merix CEO Meryl Squires. Several major retailers have already committed to carrying Fast-Results! genital herpes treatment, Squires said. CVS will begin stocking in mid-May, soon thereafter followed by Rite Aid.
CHPA honors Stan Barshay with outstanding achievement award
AVENTURA, Fla. The Consumer Healthcare Products Association on Friday honored recently retired Stan Barshay, former chairman Schering-Plough Consumer Healthcare, with its Ivan D. Combe Distinguished Service Award. The award recognizes outstanding achievements that advance self-care and the public health through business or volunteer efforts.
The award was established in honor of Ivan D. Combe who was extremely active in CHPA activities and served on the Association’s board of directors from 1958 until his death in January 2000.