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New Member Mission Pharmacal to Present at Summit on How Partnering Helped Diversify Its Business—and Achieve Double-Digit Annual Revenue Growth

Posted By John W. DeWitt, Monday, February 16, 2015

Terry Herring, president of commercial operations at Mission Pharmacal, will speak March 4 at the forthcoming 2015 ASAP Global Alliance Summit March 2-5 at the Hyatt Regency in Orlando, Fla. The San Antonio, Texas-based global pharmaceutical company recently joined ASAP as a global member.


As announced in this week’s ASAP press release Herring will explore the topic of how “Partnering to Diversify Yields Rapid Growth” in his Wednesday morning, March 4, presentation. “Many companies will put self-imposed boundaries and say, ‘we can’t do things that way.’ Well, why can’t you?” said Herring, who joined the 68-year-old family-owned Mission six years ago. “At Mission, we’ve broken down internal and external boundaries and created a unique business structure. Partnering has allowed Mission to diversify products, markets, and services—and achieve double-digit annual revenue growth.”


“ASAP is pleased to welcome Terry Herring to the stage at the 2015 ASAP Global Alliance Summit—and delighted to announce that Mission Pharmacal has joined ASAP as a global member,” said Michael Leonetti, president and CEO of ASAP. “Mission is an entrepreneurial and collaborative company that harnesses partnering to identify unmet patient needs, find market niches, and rapidly deliver innovative solutions. In the best tradition of the ASAP community, Mission’s president of consumer operations now is sharing his company’s experiences with others in order to build the shared knowledge and practices of the entire alliance management community.”


Describing the decision to join ASAP as “a no-brainer,” Bennett Kennedy, senior vice president of corporate development and business strategy, oversees partnering and alliance management at Mission Pharmacal.


“One key reason we joined ASAP as a global member is that we’re continually searching for like-minded individuals and companies with clean and efficient business and partnering models either through Mission Pharmacal or our wholly owned subsidiaries—BioComp Pharmaceuticals, Mission’s generic company or Alamo Pharma Services which provides Contract Sales and other commercial operational support services,” Kennedy explained. “We are pleased to build new relationships, to share what we’ve learned, and to learn from the wealth of knowledge and experience shared by other ASAP members within and outside of the pharmaceutical industry.”


Click here to read the full announcement on the PR Web newswire.

Tags:  2015 ASAP Global Alliance Summit  Bennett Kennedy  BioComp Pharmaceuticals  Michael Leonetti  Mission Pharmacal  Terry Herring 

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