SAP AG announced today that the SAP Supervisory Board has reached a mutual agreement with CEO Lo Apotheker not to extend his contract as a member of the SAP Executive Board.
Pharmaceutical manufacturing software
The pharmaceutical industry involves the development, production, testing and sale of drugs licensed for medical use. Pharmaceutical companies are required to abide by a number of laws and regulations regarding patents and tests etc. in order to ensure the efficacy and safety of their products. The process of manufacturing and distributing pharmaceutical products requires the purchase of raw materials for bulk synthesis of active and inactive ingredients. Products flow through manufacturers’ warehouses, wholesale distributors/3rd party logistics providers, retail pharmacies, medical institutions, and finally to the patient. Some products make their way back to their manufacturers due to recalls and returns.
SAP CEO Lo Apothekers Contract Will Not Be Extended Based on Mutual Agreement
Feb 08, 2010 Comments (0)
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