Business
TRxADE Health, Inc. Announces New Addition and Changes to Scienture, LLC’s Executive Leadership Team
TAMPA, FL and COMMACK, NY, Aug. 05, 2024 (GLOBE NEWSWIRE) -- TRxADE Health, Inc. (“TRxADE”) (NASDAQ: MEDS) and Scienture, LLC (“Scienture”), a wholly owned
About this update from Scienture Holdings, Inc.
[{"type":"text","content":"TAMPA, FL and COMMACK, NY, Aug. 05, 2024 (GLOBE NEWSWIRE) -- TRxADE Health, Inc. (“TRxADE”) (NASDAQ: MEDS) and Scienture, LLC (“Scienture”), a wholly owned subsidiary of TRxADE, today announced the appointment of Narasimhan Mani, Ph.D., MBA as Scienture’s President. Shankar Hariharan, Ph.D., the current President and CEO, will be CEO of Scienture. Rahul Surana, Ph.D., MBA has been promoted to Executive VP and COO of Scienture. Dr. Narasimhan Mani is an experienced healthcare professional and a proven leader with over 25 years of experience in both the scientific and business areas of the pharmaceutical industry. He currently is a part of the Executives-in-Residence program at New Rhein Healthcare Investors, a life-sciences focused private equity firm and is a Board Member at Corsair Pharma, Inc. one of their portfolio companies. He most recently served as the President & CEO for Kesin Pharma Corporation, a Specialty Pharma company with a focus on commercializing specialty brand products. His past roles include serving as the CEO of Xiromed LLC, a Generics and Specialty drug product company and as the VP, Global Corporate Strategy and BD, at Amneal Pharmaceuticals where he led the company's strategic initiatives across Global Strategy, Product Development, Portfolio Management, Business Development and Commercial Operations. He was a Research Scientist and Product Development leader during his tenure at Par Pharmaceuticals and Forest Laboratories. “I am pleased to welcome Narasimhan Mani as President to our executive leadership team,” commented Shankar Hariharan, CEO. “He brings significant experience in the core functionalities of Finance, Business Strategy and Commercial Operations across Sales & Marketing, Market Access, Distribution and P&L Management. This will be an important expansion of capabilities at Scienture as the company moves into its next phase of value-added growth with the upcoming launches of its specialty portfolio.” “I am also delighted to announce the well-deserved promotion of Rahul Surana to Executive VP and Chief Operating Officer (COO). Rahul has been with the company since its inception and his management and oversight across all aspects of the business has been instrumental in Scienture achieving significant milestones. He has played a pivotal role in shaping Scienture's strategic direction and driving...