25 February 2021 - Deborah Wilkes
Stada has captured the OTCToolbox Consumer Healthcare Industry (CHi) Award for Business Development Team of the Year thanks to a series of significant deals.
Commenting on the OTCToolbox CHi Award, Peter Goldschmidt, Stada’s chief executive officer, said the company was “delighted” to be Business Development Team of the Year.
“This is a recognition of Stada’s ambition to become a consumer healthcare leader in Europe and increasingly in regions such as the Middle East, Asia-Pacific and the US,” he added.
Goldschmidt said Stada continued to seek “further opportunities to augment the group’s inorganic expansion of consumer healthcare through further partnerships and acquisitions, particularly for local hero brands”.
“On top of this,” he added, “we are driving the internationalisation of our own strong brands.”
Judges for the CHi Award were looking for a business development team that announced and/or completed one or more transactions in 2020 with the power to transform the consumer healthcare presence of the team’s company.
Seven of the 10 judges for the OTCToolbox CHi Award for Business Development Team of the Year ranked Stada first out of the nine candidates. A further two placed the company second.
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 Bannert Manlik Consultants, Ceuta International, Euromonitor International, Healthy Brands, IQVIA Consumer Health, Jenson R+, L4i, OTCToolbox, Plexus Ventures, Roland Berger, Sawaya Partners, TentaConsult Pharma & Med and VBM Associates, as well as Peter Burrows, Ros Munday and Andy Tisman.
Business Development Team of the Year was one of five CHi Awards presented during the OTCToolbox 2021 Consumer Healthcare BD&I Event on 25-26 February 2021.
- 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