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Home > Drug News > Auriga Laboratories Names Pharmaceutical Industry Leader as CEO
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Auriga Laboratories Names Pharmaceutical Industry Leader as CEO
The pharmaceutical industry veteran will lead Auriga Laboratories in the development and marketing of new prescription drugs.
Norcross, GA (PRWEB) October 10, 2005 -- Auriga Laboratories, Inc.,aurigalabs.com, a leading specialty pharmaceutical company, today announced that the board of directors has named Guy M. Amato to serve as CEO, effective Oct. 1, 2005.
Mr. Amato brings more than 15 years of pharmaceutical industry experience to this position. In his most recent position, he served as president and CEO of a leading pharmaceutical marketing services company where he led a successful turnaround resulting in revenue growth of more than 100 percent and 27 consecutive months of profitability. As an executive at Glaxo Wellcome (now known as GlaxoSmithKline), he formerly spent nearly a decade in sales, marketing and strategic business analysis. Mr. Amato has extensive experience in the planning and execution of successful product launches and commercialization. He has worked in pharmaceutical manufacturing and managed care, as well as pharmaceutical marketing services.
In addition to his duties related to leading and managing the operations of Auriga Pharmaceuticals, Mr. Amato will also sit on the board of directors to ensure that the company has the resources and optimal strategic relationships for maximizing company value.
"We are very excited to have Guy join our team, his pharmaceutical industry experience, track record, and strong leadership will ensure the successful execution of our commercial strategies and tactics", said Glynn Wilson, PhD, board chairman.
"I am very much looking forward to working with and leading the tremendous management team assembled at Auriga,” said Amato. “Our strategy of identifying strong brands, enhancing their profile through development, and executing targeted sales and marketing activities will result in company success and increased market value.”
About Auriga
Auriga Laboratories, Inc. develops and markets new prescription products for approved drugs using proprietary drug delivery technologies and reformulation strategies. The specialty pharmaceutical company has a development division, based in Danbury, Connecticut, and a commercialization division, based in Norcross, Georgia. A highly integrated team of experienced pharmaceutical executives manages product life cycle from development through marketing and sales. The company currently markets Extendryl®, a prescription cough/cold medication, and Trycet™, used to manage pain.
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