logo
Share SHARE
FONT-SIZE Plus   Neg

Simcere Names Hongquan Liu CEO, Executive Director - Quick Facts

Simcere Pharmaceutical Group (SCR) said it appointed Hongquan Liu as its chief executive officer, or CEO, and executive director of the Board, effective October 8, 2012. Jinsheng Ren will continue to serve as chairman of Simcere.

Between 2000 and 2012, Liu held the positions of director and general manager of Sino-Swed Pharmaceutical Corp. Ltd. Before that, he held the positions of chief financial officer and chief marketing and business officer of Pharmacia & Upjohn (China) Ltd., and general manager of Pharmacia Corp.

In addition, Simcere announced that Dr. Yehong Zhang, who currently serves as its president, will serve as CEO of Simcere MSD (Shanghai) Pharmaceutical Co. Ltd, the newly established joint venture between Simcere and Merck & Co., Inc. (MRK), effective from October 8, 2012. Dr. Zhang will no longer hold the position of president of Simcere.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Computer and printer maker Hewlett-Packard Co. said Thursday after the markets closed that its second quarter profit fell 21% from last year, hurt by lower revenue and costs related to the planned separation of the company. However, the company's quarterly earnings per share, excluding items, came in above analysts' expectations, but its quarterly revenue fell short of analysts' forecast. Accounting software maker Intuit reported a plunge in third-quarter profit, hurt by impairment charges, even as results topped Wall Street estimates, driven by growth in small business segment amid a strong tax season. Struggling teen-apparel retailer Aeropostale Inc. (ARO), Thursday said its first-quarter loss narrowed from a year ago, driven largely by stronger margins even as revenues continued to plunge dropped. Nevertheless, the company lost almost one-fifth of its market value in after-hours trade, with the...
comments powered by Disqus
Follow RTT