Roche CEO Thomas Schinecker to Lead IFPMA as New President
The International Federation of Pharmaceutical Manufacturers and Associations (IFPMA) has appointed Dr. Thomas Schinecker, CEO of Roche, as its new President, effective January 1, 2025. Schinecker, who served as IFPMA Vice-President for two years, will be joined by Rob Davis, CEO of MSD, as the Vice-President. The leadership transition follows the completion of Dr. Albert Bourla’s term as President.
Schinecker’s appointment marks a significant shift in IFPMA’s leadership. As outgoing President, Dr. Albert Bourla emphasized the organization’s role in driving innovative medicines and vaccines. Schinecker, in his new role, aims to propel the industry forward with bold policies and pioneering innovations.
In his first letter to shareholders, Schinecker shared Roche’s 2023 performance, detailing significant growth despite the decline in COVID-19-related sales. Roche achieved a sales figure of CHF 58.7 billion, driven by strong demand for innovative treatments like Vabysmo, Columvi, and Lunsumio. These therapies provided hope for patients with conditions like age-related macular degeneration and blood cancer.
Schinecker reaffirmed Roche’s commitment to innovation, highlighted by partnerships with Alnylam and Telavant to treat high blood pressure and inflammatory bowel disease. Roche also achieved breakthroughs in diagnostics, with new immunoassays setting standards for conditions like sepsis in newborns. Schinecker emphasized that digitalisation and artificial intelligence will play a key role in future innovation, further strengthening Roche’s R&D pipeline.
Looking ahead, Schinecker’s focus will be on expanding Roche’s research and development capabilities and enhancing digital solutions in drug development. With a rich history of breakthroughs across various medical fields, Roche is uniquely positioned to continue its leadership in pharmaceuticals and diagnostics globally.
Abhishek Sharma broke his own national record for the most centuries in the T20 cricket…
India delivered a spectacular batting performance against New Zealand in the third T20 International match…
The Ellora Caves are one of the greatest examples of rock-cut architecture found in India.…
According to the International Union for Conservation of Nature (IUCN), almost all assessed shallow-water coral…
The National Capital Region Transport Corporation (NCRTC) has been conferred with the award for Metro…
The Council of Ministers of Jammu & Kashmir was recently enlarged with four legislators taking…