He has rocketed to fame in the pharmaceutical industry through a string of blockbuster deals over the last 51/2 years, selling two companies for a combined $37 billion and acquiring another for $70.5 billion. Brent Saunders, president and CEO of Allergan, poses for a photo in the garage of his childhood home where, growing up, he and his brother Wayne had a bike repair shop. Saunders is a 1988 Parkland High School graduate who was inducted into the school's Wall of Honor in 2013. Person: . I like J Balvin as well, but my favorite is probably Maluma. You just apply a little bit on the back of your ears and on your wrists, and it helps. [1] He graduated in 1992 with a bachelor's degree in economics and East Asian studies. Below is a lightly edited and condensed version of the interview. They fixed flat tires and bike chains, and built their own BMX bikes. He was the chief compliance officer for Coventry Health Care and for Thomas Jefferson University and Health System. The couple has two sons together, Daniel and Paul. After Brent and Wayne sold the landscaping business, they worked jobs at Mayflower Moving off Emmaus Avenue, loading everything from pianos to couches to refrigerators into trucks. She has a very organized schedule she's a dancer. Sales & Marketing, Health Innovators Abby Staible and Dan Vahdat, New York says Teva lied about role in opioid epidemic, Empowering MSLs to be the kings of Pharmas New Frontier, The Challenge Of Finding KOLs For Innovative Therapies, Social Health and Cancer as a Chronic Condition, Lilly slashes insulin price 70%, patient cost cap now $35, Dismay as UK raises clawback rate on NHS drug spending, FDA said no to trials of Elon Musks Neuralink chip; report, Northern Ireland Brexit deal restores MHRA jurisdiction, More digital mental health therapies backed for NHS use, An aura of adult migraine hope as NICE recommends Vyepti, Partnering with NHS in a crisis: The role for industry. I was surrounded by boys and sports. | In a return to the beauty business, former Allergan . One day, when it was a little too quiet upstairs, Charles checked on the twins to see what was going on. I actually do two hours of exercise, or an hour and a half per day. Charles River inks gene therapy development and manufacturing pact with South Korean biopharma. Saunders is a 1988 Parkland High School graduate who was inducted into the school's Wall of Honor in 2013. [1] In 1996, he received an M.B.A. degree and a J.D. S&S Landscaping, as it came to be known, started off simply enough, with Saunders and his two business partners his identical twin brother, Wayne, and a neighbor doing lawn chores for a few neighbors. Few people would have thought that Saunders would be in the top position when he was named CEO of Forest Labs less than three eventful years ago. As the takeover situation worsened, the two CEOs talked more and more. They are simple and sweet.". In the Teva announcement, Allergan said it would invest about $1.4 billion in research and development this year. While Saunders is involved in supporting his familys charity work at St. Lukes University Health Network and Allergan has a small sales office in Center Valley, he lives and works in New Jersey. Brenton L. Saunders, president and CEO of Allergan, in his office in Parsippany, New Jersey. Baier was born in Rumson, New Jersey, to a family of mixed German and Irish origins. The. With their earnings, the brothers saved for college, funded ski trips and even bought a Trans Am. Then, in 1996, an MBA from Temple Universitys Fox School of Business and a Juris Doctor degree from Temple Universitys Beasley School of Law. They have three children together: Ulysses, 12, Molly, 10, and Henry, 8. Growing up, if they wanted something extra like expensive clothes or a car they had to work for it. When Beto O'Rourke officially entered the presidential race on March 14, he released a video of himself and his wife, Amy O'Rourke, comfortably seated on a couch in their El Paso home. Also learn how He earned most of networth at the age of 50 years old? They play a lot of golf; Paul tries to play every day, and Daniel, three times a week, because he does travel hockey and basketball, as well. A blank-check acquisition firm cofounded by the former chief executive officer of Allergan, Brent Saunders, will merge with beauty company HydraFacial in a deal valued at $1.1 billion including . "I'm doing this with my business partner, and I have an investor, and of course my fianc who is in the beauty industryhe's helping develop the products," she says. Kythera, which developed a treatment for double chins, will shed 117 employees at the companys Westlake Village, Calif., headquarters come Nov. 30 as a result of the deal. Saunders does have an added reason to treasure his golden parachute. [7], In May 2021, Vesper's HydraFacial deal closed, and the new company was renamed The Beauty Health Company, with Saunders taking the role of executive chairman. Saunders worked with the federal government and instituted a compliance program, which saved Jefferson $6 million when its penalty was handed down. We have estimated Baier, 50, is also the chief political correspondent for Fox. News Saunders is a 1988 Parkland High School graduate who was inducted into the school's Wall of Honor in 2013. Amy Saunders. And Feb. 18, 2014 about five months after Saunders took the Forest Labs job Actavis said it was acquiring Forest, a deal that closed at $28 billion. It was Saunders old boss, Hassan, now at private equity firm Warburg Pincus, who helped him land his first CEO gig in March 2010 at eye-health company Bausch & Lomb. Amy Baier is a Chicago native who grew up in the suburb of Barrington with her two brothers, Timothy and John Paul, and twin brother, Daniel (via Information Cradle ). Brent Saunders (1969 or 1970) is an American biopharma executive and entrepreneur. Gannex Pharma, the NASH-focused subsidiary of Chinas Ascletis, has withdrawn a US-based Phase II trial originally slated to begin in December 2023. It was there that a 23-year-old Amy met Beto O'Rourke. Every item on this page was chosen by a Town & Country editor. I love the way they dress. Papa, who announced his departure as CEO and director last July, has been in charge since 2016. For 16 years, Baier has been married to his wife Amy. He turned around and acquired Allergan, adopting the name, and executed a deal to sell the generics business to Teva. I think it has all the makings of the most successful deal Ive ever done six months into it, and certainly the most value-creating deal Ive done six months into it, but it would be a question Id rather answer in two or three years from now.. Saunders graduated from Parkland High School in 1988. Amy Saunders strives to build on her father Arnold Palmer's legacy . He is trying to build something special at Allergan and believes his best days and biggest successes have yet to come. We have almost 2,000 scientists in our company that work on drug development, and so we want to be best-in-class developers, Saunders said. [3] He also served as interim CEO until February 2022. They were going to make shampoo and put it in bottles and go around the neighborhood and try to sell it, recalled Charles Saunders, a retired urologist who now chairs St. Lukes board of trustees. Daniela Botero is a self-proclaimed superwoman, and we dont disagree. And thats the biggest, brightest golden parachute in biopharmas corporate closet. If Allergan needed a white knight, Saunders said, Actavis would listen. 'It prepared me for my boys. There, he lived with a Japanese family and immersed himself in the foreign lifestyle. In 2000, Saunders joined PricewaterhouseCoopers, focusing on compliance in health care and quickly rising to partner and head of the firms compliance business advisory services group. Brent Saunders net worth is $800,000 Brent Saunders Wiki: Salary, Married, Wedding, Spouse, Family Brent Saunders is an actor, known for The Maltese Unicorn (1978) and Big Apple Birthday (1978). U kunt uw keuzes te allen tijde wijzigen door te klikken op de links 'Privacydashboard' op onze sites en in onze apps. Brenton L. Saunders, president and CEO of Allergan, in his office in Parsippany, New Jersey on Tuesday morning. The $8.7 billion sale was announced days later. The singer-songwriter and actress is the latest celebrity addition to Merz Aesthetics Beauty on Your Terms campaign for Botox rival Xeomin. Brent Saunders (1969 or 1970) is an American biopharma executive and entrepreneur. Discover today's celebrity birthdays and explore famous people who share your birthday. At the time, federal prosecutors had started investigating expenses at teaching hospitals, a probe that would expand in the years ahead. Actavis eventually beat out Valeant in the bidding war for Allergan in a transaction announced in November 2014, which closed at $70.5 billion, the years biggest pharmaceutical deal and among the five largest on record. If he had 10 more minutes in the day, Saunders said, he would spend it with front-line colleagues. But my hope is to be here about 15 years and try to retire when I get closer to 60., He paused five seconds, then said: And by the way, when somebody asks me when Im 60, Ill probably say 70 is the new 60., * Family: Married to Amy; two daughters: Amanda, 15, and Maya, 13. He hasnt turned on the iMac in his Parsippany office in at least a year, preferring phone or face-to-face contact for everything other than the quick email communication he does on his smartphone. I'm Colombian, so I really like my Latin music, I like my reggaeton, but I actually like every kind [of music]. He is on the board of the Overlook Hospital Foundation. A quarters-long flurry of layoffs has caused thousands of workers in life sciences to go hunting for their next position sooner than expected, and the latest wave could make it more difficult to get new offers in hand in short order. ADDISON GEORGE / SPECIAL TO THE MORNING CALL. The demand for high-calibre, sharply-focussed clinical knowledge and data is increasing as HCPs streamline and recalibrate their engagements with the pharmaceutical sector. Vivek Ramaswamy is any parent's dream. [9] In October, Saunders joined pharmaceutical company Forest Laboratories as CEO. I use Julien Farel shampoo with the scalp stimulating [properties] three times per week, four times per week. In a return to the beauty business, former Allergan CEO Brent Saunders sealed a $1.1 billion deal for a hot and trendy med spa facial company. The Portland, Oregon native attended Northwestern University's Medill School of Journalism before joining the Chicago American. With compliance now in good shape, Saunders career made its biggest shift: He became president of consumer health care at Schering-Plough in mid-2007, now responsible for a business unit of products including Coppertone, Dr. Scholls and Claritin. Saunders is trying to create an entrepreneurial culture, encouraging employees to take risks and learn from their mistakes. It was not totally clear that Beto was what everybody was looking for, but just like that people were so ready for something. The malignant cells permeated his bones, kidney, lungs and liver, and in December, his oncologist told him there was no point in continuing chemotherapy treatment. Brent Saunders (@brentlsaunders) Instagram photos and videos brentlsaunders Verified Follow 234 posts 747K followers 1,783 following Brent Saunders Pharmaceuticals Chairman of Beauty Health ($SKIN); Former Chairman & CEO; Allergan Plc. Len Schleiffer, who spent years building Regeneron into one of the big biotechs to watch, comes in in 18th place at a bit more than $90 million. Amy described herself as a "resilient hockey mom" who regularly attends her son Daniel's games. Sometimes these type of folks fly under the radar, said Don Cunningham, president and CEO of the Lehigh Valley Economic Development Corp. Saunders also will take over as Bausch + Lomb's board chairman, the company said. He joined Schering-Plough from PricewaterhouseCoopers, where he led its compliance business advisory services group. The couple has two sons together, Daniel and Paul. Generic drugs are more often than not the unsung heroes in healthcare, generating billions in savings every year and increasing access to vital new medicines as the brand-name versions come off patent. Brenton L. Saunderss income source is mostly from being a successful Businessman. [1], In 2000, Saunders joined PricewaterhouseCoopers as a healthcare compliance manager, and became partner and head of the firm's compliance business advisory services group. He was a seniorexecutive of Schering-Plough from 2003 to 2010 and its president of Global Consumer Health Care. He replaced Howard Solomon, who had been the target of public criticism from billionaire Icahn, a major shareholder in Forest. The largest deal in Israeli corporate history was hatched over lunch in the richly textured dining room of 3 West, a New American-style restaurant in Somerset County, New Jersey. Saunders agreed, but only if Bisaro stayed with the company as executive chairman. Warburg Pincus acquired Bausch & Lomb in 2007 for about $4.5 billion after the FDA reported the companys flagship contact lens solution caused eye infections. View popular celebrities life details, birth signs and real ages. Some guy on a breakfast liker's show Here's your answer. The Cambridge, MA biotech is already running the trial in New Zealand, the Netherlands, and the UK. And so, what I quickly determined in my first 24 hours there was that no speech was going to change the course of this company.. Thanks to constant advances in technology and science, artificial intelligence (AI) is rapidly becoming an integral part of modern healthcare. Also known as April Saunders | April Fortner. Events + Child Mind Institute Child Advocacy Award Dinner. Saunders considers his first year at Bausch & Lomb the toughest job hes had so far. Their son Paul was born with cardiac problems and had open-heart surgery in 2008. [For a full look] I love the Dior Forever Skin Glow (opens in new tab) foundation. They would try pretty much anything, and they were resilient enough that if it didnt work out, they had four other ideas., Brent and Wayne also held some traditional jobs growing up, such as delivering The Morning Call and working at Dorney Park & Wildwater Kingdom. During the IPO roadshow in late May, Saunders had just fallen asleep in his New York hotel on the Wednesday before Memorial Day weekend when he got a late-night call from J. Michael Pearson, CEO of Canada-based Valeant Pharmaceuticals. I'm using the Rare Beauty one (opens in new tab) from Selena [Gomez]. Hassan, hired as CEO of Kenilworth, N.J., pharmaceutical company Schering-Plough in April 2003, was tasked with turning around a company that saw its stock drop more than 50 percent in the prior two years. Digital therapeutics support increased access to safe and effective therapies, providing an untapped opportunity for biopharmaceutical companies to maximize the value of medicinal assets and drive differentiation Morningstar analyst Michael Waterhouse said everyone has their speculations such as Allergans buying Irish biopharmaceutical company Shire or being scooped up by Pfizer but Allergan has a knack for making moves nobody sees coming. AstraZeneca has been working with Huma to explore ways to improve patient experience. Saunders is also a Botox user. Between 2006 and 2008, he either voted for the redevelopment or abstained, despite backlash from the area's current residents. He is the former chairman of the New York chapter of the American Heart Association. Hes also determined to get close to his companys products. The original plan was for Bisaro to head the combined company. He began his career as a sportswriter. I sometimes do a fast for 16 hours, like two or three per week. If Im in, Im all in. Join Facebook to connect with Brent Saunders and others you may know. Ever wonder how they get it all done in a day? Its nonstop sports around here.. But there was a new treatment he could try: a targeted radiotherapy called Pluvicto if he could get it in time. He began his announcement with "Amy and I." At only 45-years-old Saunders already has billions of dollars worth of mergers and acquisitions under his belt, with the most recent being Allergan's $40 billion sale of its generics business to Teva. We applaud Brent Saunders, who, in less than six months [as CEO], has helped to bring about in my opinion one of the best pharma mergers in the last decade, legendary investor Carl Icahn said in a statement following the $28 billion sale in 2014 of one pharmaceutical company, New York-based Forest Laboratories. Brent Saunders, president and CEO of Allergan, poses for a photo in the garage of his childhood home where growing up, he and his brother Wayne had a bike repair shop. He has also brought along a former colleague to Vesper: Manisha Narasimhan, who was senior vice president of strategic initiatives, portfolio innovation and investor relations at Allergan having previously worked at Regeneron and as an analyst at Canaccord and Piper Jaffray. She spent a year teaching kindergarten in Guatemala City before returning to El Paso, where her family had moved. magic link that lets you log in quickly without using a password. He began. Brenton L. Saunders, also known as Brent Saunders (born February 6, 1970), is the CEO of the pharmaceutical company Allergan, since 2014, and co-founder of Health Care Compliance Association in 1995. But the brothers always took it to the extreme. At only 45 years old Saunders already has billions of dollars worth of mergers and acquisitions under his belt, with the most recent being Allergan's $40 billion sale of its generics business to Teva. Amy O'Rourke, ne Hoover Sanders, was born into a wealthy Texas family, headed up by local real estate magnate William D. Sanders. Now 45, Saunders is no longer pushing mowers in the Lehigh Valley. According to Country, Baier planned to . [6], In May 2019, Saunders survived a proposal brought by hedge fund Appaloosa Management to split Allergan's chairman and CEO roles. Tax Year: 2018. During O'Rourke's days as a city councilman, he aligned himself with his father-in-law's plan to redevelop downtown El Paso. After receiving a law degree and MBA from Temple University in 1996, Saunders had an important decision to make: continue as a lawyer and become a partner one day, or do something radical. Total Market Value: $3,279,200. At Allergan, headquartered in Dublin, Ireland, for tax reasons but operating in Parsippany, N.J., Saunders is transforming the company into a leader in what he calls growth pharma. In the second quarter, sales increased for 12 of the companys top 15 global brands, which include anti-wrinkle treatment Botox, chronic dry eye drug Restasis and high blood pressure tablet Bystolic. At Bausch & Lomb, he wore contact lenses made with no vision correction he had laser eye surgery before joining the company. [1][6] He grew up in the South Whitehall area of Pennsylvania, with a twin brother Wayne and sister Reed. Merz has previously enlisted singer-songwriters Joe Jonas and Teyana Taylor, 33 and 31 years old respectively, who tout the anti-wrinkle injection as a solution for frown lines without any unnecessary ingredients., Bioscience & Technology Business CenterThe University of KansasLawrence, Kansas. Back in 2003, Brent Saunders took the biggest risk of his career. "And if I didn't feel his appreciation and his love, and his worth than I would probably have been upset. He was the chairman of the New York chapter of the American Heart Association. Colleagues of past and present say his self-awareness, drive and intelligence make him an effective leader though Saunders struggles to explain why hes drawn to such roles. Live by the deal, profit by the deal. So, what does 2023 have in store for pharma R&D? Saunders now insists hes sticking with his growth pharma strategy, shunning big M&A deals and buying businesses in one bite-sized portion at a time. Brenton L. Saunders, president and CEO of Allergan, in his office in Parsippany, New Jersey. So when Merck & Co. bought Schering-Plough in 2009 for $41 billion, Schering-Plough chose Saunders to lead its integration team. He is known for his merger and acquisition activity, having helped oversee the merger between pharmaceutical companies Merck and Schering-Plough, the acquisition of Bausch + Lomb by Valeant Pharmaceuticals, and the $63 billion acquisition of Allergan by Abbvie. . There has never been a better opportunity for the pharmaceutical industry for new partnerships, Sign up for email newsletters and Deep Dive, Ex-Allergan CEO Saunders pops up again in blank cheque company, Category : Saunders is on the board of directors of Cisco Systems and RWJBarnabas Health, and is a member of the Business Council and PhRMA. Prior to the $63 billion takeover by AbbVie, Allergans biggest product was botulinum toxin product Botox, best known as a wrinkle and migraine treatment, and that headed a sizeable medical aesthetics portfolio at the company which also included dermal filler products like Juvederm. Actavis kept its eye on Valeants hostile-takeover bid for Botox-maker Allergan, an attempt supported by hedge fund billionaire Bill Ackman. NY 10036. Some say theres concern over how fast the transition is occurring, but so far Saunders has proved capable. He was senior vice president of Compliance, Legal, and Regulatory at Home Care Corp. of America. Tax Amount: $68695.31. [2] In December, Saunders made his first deal with Vesper when he acquired HydraFacial, a beauty treatment company, for $1.1 billion. We'll e-mail you a link to set a new password. So the brothers formed a small LLC and patented the formula, achieving moderate success with Nail EZ through direct mail. On snowy days, they traded their push mowers for snow shovels, rising at 5 a.m. to clear customers driveways. The focus of the special purpose acquisition company, or SPAC, is firmly in Saunders familiar territory of medical aesthetics, eyecare, longevity and wellness categories, although the IPO prospectus indicates Vesper may pursue targets in any industry. Both Moffitt Cancer Center and Mayo Clinic in Florida, not too far from Domingos and his family, said he would have to wait between three and a half and four months to get the treatment. In 2007, He was named Fox News's White House correspondent and covered the George W Bush administration. His wife, Amy O'Rourke, has had a significant presence on the campaign trail, aking appearances in Iowa, New Hampshire, and New York. The couple responded to criticism of Beto's comments during his announcement video in March, in which he joked that Amy takes a disproportionately large role in raising their children and he "sometimes helps out" with their three kids. For work these days, Brenton is a special advisor at general atlantic. Money isnt the issue just for the last six months of 2014, he collected total compensation valued at $36.6 million, according to SEC filings.