Just over three months into his new role as the CEO of Recipharm, Greg Behar is already making sizable changes to the CDMO’s engine.
“I’ve been studying the company deeply before joining so that we could move fast and furious on the first of January, and that’s what we’ve been doing,” Behar told Endpoints News in an interview.
According to the CEO, the company’s recent moves reflect its efforts to simplify its portfolio. A few weeks ago, Recipharm divested seven manufacturing sites that will become a new, yet-to-be-named CDMO under Blue Wolf Capital Partners. In November, Recipharm said it would spin out its inhaler business to become a separate company altogether.
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