Argea Adds Prominent Executive to Lead Pharmaceutical Industry Outsourcing Practice.PRINCETON, N.J. -- Argea today announced that Michael H. Thomas has joined the outsourcing (1) Contracting with outside consultants, software houses or service bureaus to perform systems analysis, programming and datacenter operations. Contrast with insourcing. See netsourcing, ASP, SSP and facilities management. consulting company Noun 1. consulting company - a firm of experts providing professional advice to an organization for a fee consulting firm business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a as Executive Vice President. Thomas, an accomplished executive with over thirty years of experience in the global pharmaceutical and biopharmaceutical industries, will lead the company's pharmaceutical industry practice. It is a major focus in Argea's market strategy along with financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. , telecommunications and high tech. Thomas brings demonstrated leadership in improving business performance, managing rapid growth, financial turnarounds and mergers and acquisitions. He has managed pharmaceutical manufacturing facilities in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , South America South America, fourth largest continent (1991 est. pop. 299,150,000), c.6,880,000 sq mi (17,819,000 sq km), the southern of the two continents of the Western Hemisphere. and Europe. "The pharmaceutical industry has outsourced functions like manufacturing, clinical research and sales for many years. To reduce its cost structure, the industry is seeking to outsource additional non-core functions. Argea is uniquely positioned to help pharmaceutical and biotechnology companies Top 100 Biotechnology Companies The following is a list of the top 100 biotechnology companies ranked by revenue. The first nine companies qualify for the list of the top 50 pharmaceutical companies. select the best functions to outsource, assist in service provider selection, and aid implementation and integration of outsourced functions," said Thomas. Prior to joining Argea, Thomas served as President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of GlycoDesign, Inc., a publicly traded Canadian biopharmaceutical company, which was among the first to focus on discovery and commercialization of glyco-therapeutics. Under his leadership, the company reached aggressive financial milestones and was successfully merged with a Canadian biopharmaceutical company. Thomas said, "As a manager of global organizations, I have purchased outsourcing services on three different continents and provided outsourcing services both in pharmaceuticals contract manufacturing and contract discovery and development of biotechnology products. Argea's team can help the pharmaceutical and biotechnology industries avoid problems with new outsourcing efforts and improve the performance of existing outsourcing projects." Preceding his tenure at GlycoDesign, Thomas was President and CEO of DSM 1. DSM - Data Structure Manager. An object-oriented language by J.E. Rumbaugh and M.E. Loomis of GE, similar to C++. It is used in implementation of CAD/CAE software. DSM is written in DSM and C and produces C as output. Pharmaceuticals, the world's largest contract manufacturer of pharmaceuticals, and managed the merger and integration of Catalytica Pharmaceuticals' three US locations with DSM, NL. As Americas Group President at R.P. Scherer Corporation, he led operations for seven manufacturing facilities in the U.S., Canada, Brazil, Argentina and Germany. Earlier, he was Group President and CEO of London International U.S. Holdings and Vice President of International Strategic Marketing at Bayer, Inc., where he spent nearly twenty years TWENTY YEARS. The lapse of twenty years raises a presumption of certain facts, and after such a time, the party against whom the presumption has been raised, will be required to prove a negative to establish his rights. 2. . Ram Iyer, CEO of Argea said, "We are delighted to have Michael on the team. Outsourcing provides a phenomenal opportunity for pharmaceutical companies to manage risk, become lean and tap global resources. With Michael's leadership and operations experience, Argea can help more pharmaceutical companies, including mid-market pharma and biotech bi·o·tech n. Informal Biotechnology. biotech Noun short for biotechnology Noun 1. companies, become more globally competitive by embracing outsourcing." About Argea Argea's mission is to help US businesses become more globally competitive by intelligently choosing and collaboratively integrating global resources and technologies to drive business performance. Argea uniquely combines traditional consulting with outsourcing education, planning, and implementation and management services. To find out how Argea can help your business, please visit our website http://www.argea.com/ or email us at info@argea.com. |
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