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PhRMA Will Pursue Future ‘Cures’ Without Castellani: CEO Retiring Jan. 1

 
• By Scott Steinke

John Castellani will step down at the end of the year as president and CEO of PhRMA after leading the association since September 2010.

The Pharmaceutical Research and Manufacturers of America will begin searching for a successor to CEO John Castellani immediately, the association said following his announcement that he will retire Jan. 1, 2016.

Castellani has led the association since September 2010, a period that has seen many changes in the biopharmaceutical industry, including a growing emphasis by firms on high-priced specialty drugs and biologics in the pipeline – along with an increase in public criticism of those prices – the advent of a regulatory pathway and market for biosimilars, expanded markets

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