Barry Labinger to Lead 3M Pharmaceuticals.Business Editors & Health/Medical Writers ST. PAUL St. Paul as a missionary he fearlessly confronts the “perils of waters, of robbers, in the city, in the wilderness.” [N.T.: II Cor. 11:26] See : Bravery , Minn.--(BW HealthWire)--July 22, 2002 3M Company announced today that Barry Labinger has been named division vice president, 3M Pharmaceuticals Division, effective Aug. 1, replacing Thomas Harrison
Labinger most recently was senior vice president and general manager, Commercial Operations, Immunex Corp., a pharmaceutical company based in Seattle, Wash. Prior to his work at Immunex, Labinger held leadership positions at Bristol-Myers Squibb Bristol-Myers Squibb (NYSE: BMY), colloquially referred to as BMS, is a pharmaceutical corporation, formed by a 1989 merger between pharmaceutical companies Bristol-Myers Company, founded in 1887 by William McLaren Bristol and John Ripley Myers in Clinton, NY (both were , Abbott Laboratories and Baxter Healthcare Corp. Labinger earned a masters of management degree from the Kellogg School of Management
"We're very excited to have Barry join the 3M Health Care team," said John Benson, executive vice president, 3M Health Care. "3M has a significant growth opportunity with our new class of immune response immune response n. An integrated bodily response to an antigen, especially one mediated by lymphocytes and involving recognition of antigens by specific antibodies or previously sensitized lymphocytes. modifier (programming) modifier - An operation that alters the state of an object. Modifiers often have names that begin with "set" and corresponding selector functions whose names begin with "get". compounds. Barry's extensive background in immunotherapy and his broad pharmaceutical industry experience make him an ideal choice to lead the 3M Pharmaceuticals Division." At $3.4 billion in 2001 sales, 3M Health Care contributes more than a quarter of 3M's total profits and is the fastest-growing segment of the company. About 3M 3M is a $16 billion diversified technology company with leading positions in health care, safety, electronics, telecommunications, industrial, consumer and office, and other markets. Headquartered in St. Paul, Minnesota, the company has operations in more than 60 countries and serves customers in nearly 200 countries. 3M businesses share technologies, manufacturing operations, brands, marketing channels and other important resources. 3M, which marks its 100th anniversary this year, is one of the 30 stocks that make up the Dow Jones Industrial Average Dow Jones Industrial Average The best known U.S. index of stocks. A price-weighted average of 30 actively traded blue-chip stocks, primarily industrials including stocks that trade on the New York Stock Exchange. and also is a component of the Standard & Poor's 500 Index. For more information about 3M go to www.3M.com or www.3M.com/profile/pressbox/index.jhtml. |
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