PHARMACY

WellPoint executive elected as Academy of Managed Care Pharmacy president

BY Alaric DeArment

INDIANAPOLIS An executive from health insurer WellPoint has been named president of the Academy of Managed Care Pharmacy, WellPoint announced.

Chief pharmacy officer Brian Sweet was elected Wednesday at the AMCP’s annual meeting in Orlando, Fla. The organization represents pharmacists, healthcare practitioners and others who practice in managed care settings.

“Today’s challenging economic times shine a spotlight on the need to justify the value of pharmaceuticals,” Sweet said. “I am excited in my new role to be part of this calling to managed care organizations and pharmaceutical companies to work together for more evidence-based development, technology evaluation standards and information dissemination to patients in consumer-friendly terms.”

Sweet’s term as president will begin in April 2010, WellPoint said.

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PHARMACY

Petrou tapped to become HHS chief of staff

BY Alaric DeArment

WASHINGTON A former aide of former Sen. Tom Daschle will become the new chief of staff for the Department of Health and Human Services, according to published reports.

Politico reported that Laura Petrou, who worked for the South Dakota Democrat for 20 years, will start the position this week.

Mark Childress has served in the position since January. Childress also previously worked for Daschle.

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Mylan announces new VP global business development

BY Alaric DeArment

PITTSBURGH Generic drug maker Mylan announced Tuesday that it made an appointment to its executive leadership team.

Mylan appointed former Merrill Lynch investment banker Andrew Cuneo as VP global business development. The company said Cuneo is responsible for coordinating its global business development and strategic efforts.

“Drew brings a wealth of experience in the pharmaceutical, biotechnology and healthcare sectors,” Mylan vice chairman and CEO Robert Coury said in a statement. “His familiarity with our industry – and in particular with Mylan, given his and Merrill Lynch’s active role with the company during the past five years – makes him ideally suited to support the company’s continued growth.”

Most recently, Cuneo served as Merrill Lynch’s director in its global healthcare investment banking group. He earned his bachelor’s degree in economics and psychology from Vanderbilt University.

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