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.
World Youth Skills Day 2026 will be celebrated worldwide on July 15, 2026, (Wednesday) with…
The Comprehensive Economic and Trade Agreement (CETA) was implemented between the India and the UK…
The Gujarat region's Gir Forest has successfully rehabilitated the Indian Grey Hornbill, which had gone…
Lucknow, which serves as the capital of Uttar Pradesh, is popularly considered as the "City…
The Ministry of Statistics and Programme Implementation (MoSPI) has introduced the India's first trial version…
In the ongoing fiscal year, India’s tax revenues have performed significantly, with the net direct…