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Pfizer-Pharmacia Fallout Gives Celltech A CEO

New York, NY - One certain consequence of the nearly $60 billion acquisition of Pharmacia by Pfizer: executive-suite cleaning. The first bigwig out the door is Dr. Gran Ando, who headed up Peapack, N.J.-based Pharmacia's research and development operations. Today, Celltech, one of Europe's biggest biotechnology companies, announced Ando as its new chief executive.

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Source:wistechnology.com By Matthew Herper, Forbes.com 04/28/03


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