BNET Industries

Market Cap:$7.7B
Last Fiscal Year Sales:$3.6B
  • Public
  • US
Dow Jones Description

Hospira, Inc. is a global specialty pharmaceutical and medication delivery company dedicated to Advancing Wellness?. As the world leader in specialty generic injectable pharmaceuticals, Hospira offers one of the broadest portfolios of generic acute-care and oncology injectables, as well as integrated infusion therapy and medication management solutions. Through its products, Hospira helps improve the safety, cost and productivity of patient care. Headquartered north of Chicago in Lake Forest, Ill., Hospira has more than 14,000 employees worldwide. In 2008, Hospira generated approximately $3.6 billion in sales.

Chief Executive Officer
Christopher B. Begley
Number of Employees 14,500
Contact Information

275 North Field Drive

Lake Forest, Illinois 60045

www.hospira.com

224-212-2000

NAICS Code Pharmaceutical Preparation Manufacturing: 325412

Recent Events

  • More contamination troubles for Genzyme

    11/14/09 - Product Recall - View Story

  • Zacks Analyst Blog Highlights: Johnson Controls, CF Industries Holdings Inc., Agrium Inc., Terra Industries Inc....

    10/28/09 - Financial Announcement - View Story

  • Hospira Names Daphne E. Jones Chief Information Officer

    10/20/09 - Mgmt. Change Entering - CTO or CIO - View Story

  • Week of Oct. 19, 2009: Lonza Drops Bid for Patheon; Peregrine Appoints Head of Regulatory...

    10/21/09 - Mgmt. Change - Entering - View Story

  • Hospira, South Koreas Celltrion to Develop Biogeneric Products

    10/20/09 - Joint Venture / Alliance - View Story

  • Hospira, Inc. HSP in Deal with Celltrion, Inc. on Biogenerics

    10/09/09 - Joint Venture / Alliance - View Story

  • Longbow Research Upgrades Hospira HSP to Buy

    9/22/09 - Bond / Stock Rating - View Story

  • Hospira to Host Conference Call for Third-Quarter 2009 Results

    9/28/09 - Financial Announcement - View Story

  • Hospira Recalls Devices With Defective Cords

    9/11/09 - Product Recall - View Story

  • ICU Medical acquires critical care product line assets of Hospira

    9/02/09 - Merger / Acquisition - View Story

  • UPDATE: Hospira 2Q Net Down 63% On Restructuring; EPS View Raised

    7/29/09 - Financial Announcement - View Story

  • DJ CORRECT: UPDATE: BEFORE THE BELL -2: US HOT STOCKS TO WATCH

    7/21/09 - Merger / Acquisition - View Story

  • Abbott Spinoff Makes Disparate Parts Work Together

    6/26/09 - Merger / Acquisition - View Story

News & Analysis

hospira inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
Christopher B. Begley Chief Executive Officer
Sumant Ramachandra Chief Scientific Officer & Senior Vice President, Research & Development and Medical Affairs
Terrence C. Kearney Chief Operating Officer
Thomas E. Werner Chief Financial Officer & Senior Vice President, Finance
Brian J. Smith Senior Vice President, General Counsel and Secretary
Ken Meyers Senior Vice President, Organizational Transformation and People Development
Ron Squarer Senior Vice President, Global Marketing and Corporate Development

Board of Directors

Name (plus bio) Position
Barbara L. Bowles Board of Directors
Connie R. Curran Board of Directors
Heino von Prondzynski Board of Directors
Irving W. Bailey II Board of Directors
Jacque J. Sokolov Board of Directors
John C. Staley Board of Directors
Mark F. Wheeler Board of Directors
Roger W. Hale Board of Directors
Ronald A. Matricaria Board of Directors

Organization Position Status
Healthcare Leadership Council CEO, Hospira, Inc. Current
Hospira, Inc. Chief Executive Officer Current
Icu Medical Set Source Chairman of the Board and Chief Executive Officer Current
Hospira, Inc. Chairman Current
Healthcare Leadership Council Board of Directors Current
Sara Lee Corporation Board of Directors Current
Economic Club of Chicago Board of Directors Current
The Executives' Club of Chicago Member Current
AdvaMed Member Current
Hospira, Inc. President Agricultural Products Division Former
Abbott Laboratories Senior Vice President, Hospital Products Former
Western Illinois University Bachelor's Degree Former

Dr. Sumant Ramachandra brings nearly 20 years of healthcare experience and strong leadership abilities to his role as senior vice president, Research & Development (R&D) and Medical Affairs, and chief scientific officer of Hospira, Inc. Prior to joining Hospira in July 2008, Dr. Ramachandra spent much of his career leading scientific advancements for some of the industry's largest pharmaceutical companies, including Merck, Pharmacia, Pfizer and Schering-Plough. As an R&D business leader, Dr. Ramachandra set in motion several therapy programs that would benefit patients living with cancer -- such as Camptosar® (irinotecan hydrochloride injection) and Aromasin® (exemestane tablets) at Pfizer, and Temodar® (temozolomide capsules) at Schering-Plough. He was responsible for formulating innovative strategies and executing R&D plans that resulted in successful U.S. Food and Drug Administration (FDA) approvals. Dr. Ramachandra's award-winning work is also widely recognized through publications. He has participated in a multitude of scientific studies on tumor cell biology and immunology as well as authoring book chapters about basic cell biology and oncology. Additionally, he has filed several product patents for various cancer treatments and the use of antibodies in cancer therapy. He earned a bachelor's degree in biochemistry from Rutgers University, graduating with high honors. Dr. Ramachandra then pursued a combined M.D./Ph.D. degree from the University of Medicine and Dentistry - New Jersey Medical School, earning the University's Medal of Excellence and subsequently conducting his residency at the Harvard-affiliated Massachusetts General Hospital. He is now nearing completion of a master's of business administration at Wharton Business School.

Organization Position Status
Hospira, Inc. Chief Scientific Officer & Senior Vice President, Research & Development and Medical Affairs Current
Schering-Plough Research Institute Vice President, Project Management, Global Former
Schering-Plough Corporation Vice President, Global Project Management Former

Terrence C. Kearney brings more than 25 years of broad healthcare experience and leadership to his role as chief operating officer, Hospira, Inc. Kearney has gained extensive exposure to and involvement with numerous operating and financial activities, focusing on both the device and pharmaceutical sides of the healthcare industry since joining Abbott Laboratories in 1979. His management expertise spans domestic and international markets. Most recently, Kearney served as senior vice president, finance and chief financial officer, Hospira, Inc. Prior to April 30, 2004, when Hospira spun off from Abbott, he served as vice president and treasurer from 2001 to 2004. In May 2002, he assumed an interim role as vice president for Abbott’s Diagnostics Division. Prior to being named treasurer, Kearney served as vice president and controller for Abbott's International Division. He earned a bachelor's degree in biology from the University of Illinois and has a master's degree in finance from the University of Denver. Kearney was born in 1954 and resides in north suburban Chicago.

Organization Position Status
Hospira, Inc. Chief Operating Officer Current
Icu Medical Set Source Chief Operating Officer Current
Hospira, Inc. Senior Vice President, Finance and Chief Financial Officer Former
Abbott Laboratories Vice President and Controller Former
Abbott Laboratories Treasurer Former
University of Denver Master's Degree In Finance Former
University of Illinois Bachelor's Degree In Biology Former

Thomas E. Werner brings nearly 30 years of leadership experience across a broad base of financial disciplines and industries, including healthcare, to his role as senior vice president, Finance, and chief financial officer, Hospira, Inc. Prior to joining Hospira in August 2006, Werner served as senior vice president, Finance, and chief financial officer of Böwe Bell + Howell, a service, manufacturing and software company that provides document processing and postal solutions. He joined Böwe Bell + Howell in late 2001. Earlier in his career, Werner was chief financial officer for two publicly traded companies -- Xpedior Incorporated, a software developer and integrator; and uBid, Inc., an e-commerce company -- and served as corporate controller for Gateway, Inc. Werner also held various financial roles at Baxter Healthcare Corporation and American Hospital Supply Corporation. Werner earned a bachelor's degree in business from the Indiana University and is a certified public accountant. He was born in 1957 and resides in north suburban Chicago.

Organization Position Status
Hospira, Inc. Chief Financial Officer & Senior Vice President, Finance Current
Icu Medical Set Source Senior Vice President, Finance, and Chief Financial Officer Current
Bowe Bell Chief Financial Officer Former
Bowe Bell Senior Vice President, Finance Former
Indiana University Bachelor's Degree In Business Former

Brian J. Smith serves as senior vice president, general counsel and secretary for Hospira, Inc. Prior to Hospira, Smith held various positions at Abbott Laboratories in the Legal Division, including domestic and international areas of law. From 1979 to 1984, he performed legal work for Abbott's Hospital Products Division, Specialty Products Division (SPD) and Corporate Engineering Division. In 1984, he was promoted to division counsel and managed the legal work for the Abbott Diagnostics Division and the Pharmaceutical Products Division (PPD), as well as TAP Pharmaceutical Products (TAP). In 1991, he began managing international legal work for Abbott's businesses in Europe, Latin America, Pacific Asia and Africa. In October 1995, Smith was appointed divisional vice president, Domestic Legal Operations. In this position, he managed U.S. legal work for Global Pharmaceutical Research and Development, PPD, SPD, and TAP, as well as the following corporate areas: human resources, corporate engineering, real estate, employment and labor, benefits and corporate securities matters. In addition, he served as assistant secretary for Abbott and secretary to The Clara Abbott Foundation, the Employee Benefit Board of Review and TAP. Smith earned a bachelor's degree in political science at Bradley University in 1973, and a juris doctorate from the University of Michigan in 1976. He is a member of the Illinois and American Bar Associations.

Organization Position Status
Hospira, Inc. Senior Vice President, General Counsel and Secretary Current
Icu Medical Set Source Senior Vice President, General Counsel and Secretary Current
Abbott Laboratories Secretary Former
University of Michigan Juris Doctorate Former
Bradley University Bachelor's Degree In Political Science Former

Kenneth (Ken) Meyers leads Hospira’s global human resources function as senior vice president, Organizational Transformation and People Development, with a focus on advancing Hospira's high-performance culture and organizational excellence. Meyers brings more than 20 years of senior leadership, HR and operations experience to his role. Prior to joining Hospira in December 2008, Meyers served as a partner at Oliver Wyman, an international management consulting firm. As a specialist in leadership development, Meyers worked with senior teams to accelerate high performance, and has served as a principal consultant and coach to senior executives at well-known companies such as Amgen, L’Oreal, Nike, Novartis, Time Warner, Sara Lee and Unilever. Before joining Oliver Wyman, Meyers was senior vice president, Human Resources at Starbucks Coffee International, where he led human resources strategy and direction as Starbucks expanded internationally through company-owned, licensed and joint-venture operations. Throughout his career, Meyers has also held leadership positions with Disney, Gymboree and United Technologies. Meyers earned a bachelor’s degree in International Business and Human Resources Management from the Wharton School of the University of Pennsylvania, and a master's of business administration from the Harvard Business School.

Organization Position Status
Hospira, Inc. Senior Vice President, Organizational Transformation and People Development Current

Ron Squarer serves as senior vice president, Global Marketing and Corporate Development for Hospira. In this role he is responsible for long-term growth, global business strategy, upstream marketing activities and pipeline optimization for Hospira’s entire portfolio, including specialty injectable pharmaceuticals and medication management systems. He also retains responsibility for global business development from his previous position as corporate vice president, Global Strategy and Business Development, which he assumed in January 2007. Squarer joined Hospira following its acquisition of Mayne Pharma, Ltd., and has 17 years of experience in the biopharmaceutical industry in product marketing, business development and strategy. At Mayne, he served as senior vice president, Global Corporate and Business Development, where he led Mayne's licensing, acquisition and partnership activities. He joined Mayne from Pfizer Inc., where he held various roles and served on the oncology licensing review committee, global commercial leadership team and strategic advisory board. Squarer was involved in acquiring key portfolio assets and shepherded multiple oncology products into registration trials. He also has extensive experience in the infectious disease and neuroscience therapeutic areas, acquired through his licensing and new product development responsibilities at Pfizer. Prior to Pfizer, Squarer held various positions at SmithKline Beecham in the United States and Europe. He earned a bachelor's degree in biochemistry from the University of California at Berkeley and a master's degree in business administration from the Kellogg Graduate School of Management at Northwestern University.

Organization Position Status
Hospira, Inc. Senior Vice President, Global Marketing and Corporate Development Current
Mayne Pharma Pty. Ltd. Senior Vice President, Business Dev Former

Profit Investment Management - Retired Vice Chair. Served as Vice Chair from January 2006 until retirement in December 2007. Profit Investment Management is an investment advisory firm. The Kenwood Group, Inc. -- Retired Chairman. Served as Chairman from 2000 until June 2006 when The Kenwood Group, Inc. merged into Profit Investment Management. Chief Executive Officer from 1989 to December 2005. Director of Black & Decker Corporation and Hospira, Inc. Director of Wisconsin Energy Corporation and Wisconsin Electric Power Company since 1998. Director of Wisconsin Gas LLC since 2000.

Organization Position Status
Wisconsin Gas LLC Board of Directors Current
Wisconsin Electric Power Co Board of Directors Current
Wisconsin Energy Corporation Board of Directors Current
The Black & Decker Corporation Board of Directors Current
The Chicago Urban League Board of Directors Current
Hospira, Inc. Board of Directors Current
Icu Medical Set Source Director Current
Children's Memorial Hospital Board of Directors Current
Hpk Financial Corporation Board of Directors Current
The Kenwood Group CEO Former
The Kenwood Group President Former
The Kenwood Group Chief Investment Officer Former
Beatrice Company Safeway, Inc. Assistant Vice President Former
Kraft and Company Vice President Former
The Kenwood Group Founder Former
Beatrice Company Safeway, Inc. Director of Investor Relations Former
Wisconsin Electric Power Co Director of Wisconsin Energy Corporation Former
The Kenwood Group Chairman Former
Dollar General Corporation Board of Directors Former
Profit Investment Management Vice Chairman Former
Georgia-Pacific Corporation Board of Directors Former
Fisk University Board of Directors Former
University of Chicago Master of Business Administration Former
Fisk University Undergraduate Degree Former

Organization Position Status
DeVry Incorporated President, Curran & Associates Current
Bioz Current
DeVry Incorporated Board of Directors Current
Hospira, Inc. Board of Directors Current
Silver Cross Hospital Board of Directors Current
National Student Nurses' Association, Inc Board of Directors Current
Curran Associates, Inc. President Former
American Hospital Association Vice President Former
C-Change Executive Director Former
APM, Inc. director of patient care Former
Medical College of Wisconsin Dean Former
Northern Illinois University doctorate in educational psychology Former
Northern Illinois University doctorate in educational psychology Former
DePaul University Master's Degree In Medical, Surgical Nursing Former

Heino von Prondzynski, age 59, served as chief executive officer of Roche Diagnostics and Member of the Executive Committee of F. Hoffman-La Roche Ltd., a Swiss-based healthcare company that develops diagnostic and therapeutic products, from early 2000 to 2005, retiring in 2006. From 1996 to 2000, Mr. von Prondzynski held several executive positions at Chiron Corporation, a multinational biotechnology firm that develops biopharmaceuticals, vaccines, and blood testing products, and from 1976 to 1996 at Bayer AG, a German-based maker of healthcare products, specialty materials, and agricultural products. Mr. von Prondzynski serves on the board of BB Medtech, Qiagen NV, Epigenomics AG and Koninklijke Philips Electronics NV.

Organization Position Status
Hospira, Inc. Board of Directors Current

Irving W. Bailey II is a senior advisor to Chrysalis Ventures. He is a retired Chairman and CEO of Providian Corp., a former managing director of Chrysalis Ventures, and a former Chairman of the Board of Directors of AEGON USA Inc. He was appointed to AEGON’s Supervisory Board in 2004 and his current term will end in 2012. He is also a member of the Board of Directors of Computer Sciences Corp. and Hospira Inc.

Organization Position Status
Chrysalis Ventures, LLC Senior Advisor Current
Aegon Chairman Current
Csc Alliance Chair Current
Icu Medical Set Source Board of Directors Current
AEGON N.V. Vice Chairman Current
Csc Alliance Director Current
Hospira, Inc. Board of Directors Current
AEGON N.V. Director Current
Computer Sciences Corporation Board of Directors Current
Chrysalis Ventures, LLC Managing Director Former
Aegon Member of the Supervisory Board Former
Capital One Financial Corporation Former
Chrysalis Ventures, LLC Chairman Former
National Association of Small Business Investment Companies director of the Board of Governors Former
Chrysalis Ventures, LLC Investor Former
New York University MBA Former
University of Colorado BA Former

Organization Position Status
MedCath Corporation Director Current
Hospira, Inc. Board of Directors Current
Icu Medical Set Source Director Current
Southern California Edison Company Vice President Former

Organization Position Status
Northern Illinois Gas Company Board of Directors Current
Icu Medical Set Source Director Current
Nicor Inc. Board of Directors Current
Hospira, Inc. Board of Directors Current
DePaul University Chairman Former

Organization Position Status
Peacehealth Director of Clinical Informatics Current
Hospira, Inc. Board of Directors Current
IDX Systems Corporation Board of Directors Current
Icu Medical Set Source Director Current
IDX Systems Corporation Chief Technical Architect Former

"Roger Hale, 65, has been a director of Ashland since 2001. He is chairman of the Audit Committee and is also a member of the Finance Committee. Currently an independent consultant, Mr. Hale retired in 2001 as chairman and chief executive officer of LG&E Energy Corp., a position he had held since 1990. Prior to joining LG&E, he held various executive positions with BellSouth Corp. and AT&T Co. He is a director of Hospira Inc. "

Organization Position Status
Ashland, Inc. Board of Directors Current
H&R Block, Inc. Board of Directors Current
Hospira, Inc. Board of Directors Current
H&R Block, Inc. Director Former

Ronald A. Matricaria, 65, served, at various times, as chairman, president and chief executive officer (CEO) of St. Jude Medical, Inc., a St. Paul, Minnesota-based developer, manufacturer and distributor of cardiovascular medical devices, from April 1993 until his retirement in December 2002. Prior to joining St. Jude, Matricaria spent 23 years at Eli Lilly and Company in a variety of management positions. Matricaria currently serves a director of Invitrogen Corp. and Volcano Corporation.

Organization Position Status
Hospira, Inc. Board of Directors Current

Executive News

  • ICU Medical, Inc. (ICUI) to Acquire Hospira, Inc. (HSP)'s Critical Care Product Line

    BioSpace - 7/09/09 - View Story

  • ICU Medical, Inc. to Acquire Hospira's Critical Care Product Line

    Street Insider - 7/09/09 - View Story

  • ICU Medical, Inc. to Acquire Hospira's Critical Care Product Line

    PR Newswire - 7/09/09 - View Story

  • ICU Medical, Inc. to Acquire Hospira's Critical Care Product Line

    Yahoo! Canada - 7/09/09 - View Story

  • Abbott Spinoff Makes Disparate Parts Work Together

    Investors Business Daily - 6/26/09 - View Story

  • Abbott Spinoff Makes Disparate Parts Work Together

    Yahoo! Canada - 6/25/09 - View Story

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     HSP $47.55 +0.67 (1.43% )
Average Volume 913,407
Shares Outstanding 162.16M
Market Cap 7.7B
Year High 48.25
Year Low 21.21
Earnings Per Share 2.55
P/E Ratio 18.65
Dividend N/A
Yield N/A
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