24 February 2022 - Deborah Wilkes
Stada has captured the OTCToolbox Consumer Healthcare Industry (CHi) Award for Business Development Team of the Year. The German company wins the CHi Award for the second year in a row.
Responding to news of the win, Felix von Berg – senior vice-president M&A at Stada – said the CHi Award “recognises Stada as a go-to-partner for consumer healthcare as well as the performance of its central and country teams in integrating and invigorating brands”.
Judges for this CHi Award were looking for a business development team that announced and/or completed one or more transactions in 2021 with the power to transform the consumer healthcare presence of the team’s company.
Four of the nine judges for this CHi Award ranked Stada first out of the nine candidates, and a further three placed the team in the top three. Judges liked Stada’s “flexible” approach to its deals with Sanofi Consumer Healthcare.
Watch Stada’s acceptance speech
The best in business development and innovation
The OTCToolbox CHi Awards honour the best in business development and innovation around the world.
Winners of the CHi Awards were decided by a panel of highly-experienced executives in the consumer healthcare field. The panel included representatives from 1HQ Creative Leap, CG Sawaya Partners, Chameleon Pharma Consulting, ECHO, Euromonitor International, EY, Healthy Brands, IQVIA Consumer Health, Jenson R+, L4i, Maestro Consulting, Manlik Pharma Consultants, Muzeable, OTCToolbox, TentaConsult Pharma & Med, as well as Ros Munday and Andy Tisman.
Business Development Team of the Year was one of six CHi Awards presented during the OTCToolbox 2022 Consumer Healthcare BD&I Event on 21-25 February 2022.
- Transaction of the Year
- Business Development Team of the Year
- Innovation of the Year
- Regulatory Achievement of the Year
- Self-Care Initiative of the Year
- Sustainability Project of the Year
Watch the Presentation Ceremony for the OTCToolbox 2022 CHi Awards