MSD appoints president of Global Human Health

MSD has created a new position and appointed the person to fill the role, it has announced.

The newly created role of president of Global Human Health is to be filled from May 1st by Peter Loescher, president and chief executive officer of GE Healthcare Bio-Sciences and a member of GE’s corporate executive council.

“One of the key elements of Merck’s strategy, which was unveiled in December, is the creation of a new sales and marketing model that is leaner, more nimble, more information- and value-driven, and much more cost-effective,” said Richard T Clark, Merck’s chief executive officer and president.

“We created this position to refine our global strategies, strengthen our approach to launching, marketing and selling our products worldwide and, as a result, generate greater efficiencies and effectiveness.”

Austrian Mr Loescher has been in his current role at GE since 2004, based in the UK where the biosciences division has 10,000 employees.

He has been involved in senior management roles in the industry for more than 15 years, including a two-year stint at Aventis Pharma Japan when it was one of the fastest growing pharmaceutical companies in the Asian country.

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