Hugel, Inc. Appoints Brent Saunders to its Board of Director
May 20, 2022 at 12:30 pm IST
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Hugel, Inc. announced the appointment of Brent Saunders to its Board of Directors, effective immediately in advance of his election as Executive Chair on June 29, 2022. The news comes on the heels of the close of the Hugel Inc. transaction by a consortium led by CBC Group. Mr. Saunders brings Hugel over 25 years of expertise in the pharmaceutical and medical aesthetics industries and has facilitated over $300 billion in deals across the healthcare and life sciences sectors over the course of his career.
Mr. Saunders previously served as Chairman, President, and CEO of Allergan Aesthetics until its 2020 acquisition by AbbVie in a transaction valued at approximately $63 billion. Allergan Aesthetics is the maker of Botox, the world's top-selling botulinum toxin brand, as well as the maker of leading dermal filler Judvederm. Earlier in his career, Mr. Saunders was President of Schering-Plough Corporation's Global Consumer Healthcare division, where he facilitated the company's acquisition of Organon Biosciences and the merger between Schering-Plough and Merck.
Mr. Saunders also served as President and CEO of Forest Laboratories from 2013 to 2014, and Chairman and CEO of Bausch + Lomb Incorporated from 2010 to 2013. He currently serves as CEO of Vesper Healthcare Acquisition Corp.
Hugel Inc is a Korea-based company mainly engaged in the manufacture of biopharmaceuticals. The Company's product portfolio consists of botulinum toxins which used for treatment of benign essential blepharospasm and temporary improvement of moderate to severe glabellar lines including 50 unit types, 100 unit types and 200unit types; hyaluronic acid (HA) fillers which used for temporary removal of facial wrinkles including the chaeum premium No.1, the chaeum premium No.2, the chaeum premium No.3m the chaeum premium No.4, the chaeum MID 20A, the chaeum DEEP 20A, the chaeum SUB-Q 20A and the chaeum VOLUS 20A; wellages, blue roses and other cosmetics. The Company sells its products in domestic and overseas markets.