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Janssen succeeds Stefan Doboczky, who has decided to leave the company to become CEO of the Portuguese pharmaceutical contract development and manufacturing organization (CDMO) Hovione, where he currently serves as chairman of the supervisory board.
Having already brought one of the most successful drugs in the world to market, Sanofi and Regeneron are broadening their pipeline horizon – the companies have agreed to expand their partnership that will see the two work together on four new antibodies in a deal rising to $8bn.
During her 27 years with General Mills, McNabb has held various senior leadership positions across general management, enterprise strategy, marketing and international. She was promoted to the COO role earlier this year, previously serving as group president of North America Retail and North America Pet.
The days of store brands being tradeoffs from national brands are gone. That change brings new opportunities for packaging partners on both ends of the spectrum. Higher-income households are embracing private labels, unit sales of store brands are growing as those of national brands decline and a majority of Gen Z consumers believe private label products are just as good as branded items.