Former GSK CEO Witty stood out among big pharma chief execs for his pessimistic outlook on US drug pricing, which shaped his diversification strategy at GSK. His experience as a pharma insider makes him an interesting choice to lead United's PBM and health services arm.
UnitedHealth Group Co. has chosen pharmaceutical insider Andrew Witty, formerly the CEO of GlaxoSmithKline PLC to lead its pharmacy benefit management and health services arm Optum. The insurer announced March 13 that Witty will succeed Larry Renfro as CEO of Optum effective July 1, responsible for overseeing OptumInsight, OptumHealth and OptumRx.
The appointment puts a big pharma veteran in the very opposite role of managing drug spending at one of the...
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