Glenmark Pharmaceuticals Announces Appointment of Alessandro Riva as CEO of its New Innovation Company
Glenmark Pharmaceuticals, a research-led, integrated global pharmaceutical company, today announced that Alessandro Riva, MD, will join its new innovation company as Chief Executive Officer. Alessandro is currently Executive Vice President, Oncology Therapeutics and Cell Therapy for Gilead Sciences. The appointment is effective April 2, 2019. Glenmark Pharmaceuticals announced on February 14, 2019, the in-principle approval from its Board of Directors to spin off the innovation business into a new company headquartered in the U.S. The new company will be a wholly owned subsidiary of Glenmark and will operate with Alessandro Riva as the CEO, a management team and an independent Board of Directors. “We are pleased that Alessandro will assume the role of CEO of the new innovation business,” said Glenn Saldanha, Chairman & Managing Director, Glenmark Pharmaceuticals. “His extensive and diverse industry experience leading global R&D will no doubt be invaluable in driving our