JUBILANT ORGANOSYS REALIGNES BUSINESS OF ITS ACQUIRED COMPANIES, HOLLISTERSTIER AND DRAXIS

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Jubilant Organosys has realigned the businesses of its two recently acquired companies—HollisterStier Laboratories (US) and Draxis Specialty Pharmaceuticals (Canada)—into specialty pharmaceuticals and sterile injectables and non-sterile products areas. The company has also appointed Draxis’s COO and president of specialty pharmaceutical division Jean Pierre Robert as the CEO for the new specialty pharmaceutical organisation. In his new role, he will be responsible for the radiopharmaceuticals business of Draxis as well as the allergy extracts business of HollisterStier Laboratories.

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