Horizon
Horizon in December announced it would delay new patients from starting Tepezza treatment to conserve supply for existing users.
Invoking the Defense Production Act is helping increase supply of badly needed COVID-19 vaccines, bringing the U.S. one step closer to ending the pandemic but as one local drug company has learned, there s a catch.
The government mandate to prioritize vaccine production at a biologics manufacturing facility has led to a shortage of Horizon Therapeutics top-selling product, a new remedy for thyroid eye disease. Tepezza was on track for $850 million in sales last year, until contract manufacturer Catalent was forced to stop making the intravenous drug.
Why leaders need a long-term view
In boardroom discussions, the focus should be on how strategies today can help predict behaviors tomorrow.
Photograph by RichVintage
When a business is going well, I’ve seen leadership teams conform to an unwritten 80-20 rule of thumb: They spend about 80 percent of their time focused on growth for the long term and only 20 percent managing the short term. But when things are not going well, I’ve observed the opposite: The temptation is to focus almost exclusively on the short term, with leaders spending a mere fraction of their time looking ahead.
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Astara Capital Partners Expands Team with Two Key Hires
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NEW YORK, March 4, 2021 /PRNewswire/ Astara Capital Partners, a middle-market private equity firm, is pleased to announce that Chris Curti and Brett Kravitt have officially joined the firm.
Michael Ranson, Managing Partner of Astara, commented, We are excited to continue to grow our team with these two important additions. Both Chris and Brett have already made valuable contributions to Astara s investment opportunities. Their combination of operational experience, restructuring expertise, and investing acumen will allow Astara to grow its investment portfolio.
Mr. Curti brings decades of operational, financial, and investing experience. Most recently he served as the CFO of a private equity-owned aerospace and logistics company. Previously, Mr. Curti worked with members of the Astara team as an Operating Partner at Blue Wolf Capital where he led vario
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