Richard Furlaud

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Person.png Richard Furlaud PrabookRdf-entity.pngRdf-icon.png
(businessman, lawyer)
Richard Furlaud.jpg
Born15 April 1923
New York
Died10 September 2018 (Age 95)
East Hampton, New York, USA
NationalityUS
Alma materHarvard University, Princeton University
Member ofCouncil on Foreign Relations/Historical Members
Big Pharma executive responsible for making his company the global leader of the problematic drug statins.

Richard Mortimer Furlaud was an American pharmaceutical executive. He was a member of the CFR.

Career

Furlaud worked for the Olin Mathieson Chemical Corporation from 1955.

He was president, chief executive,and director for the Squibb Corporation.[1] 1966-1974; and director at Squibb Corporation (merged with Bristol-Myers Company), New York City, 1974-1989; president, board directors, Bristol-Myers Company (renamed Bristol-Myers Squibb Company), New York City, 1989-1991.[2]

Furlaud focused on Squibb's pharmaceuticals, investing in research and development that ultimately led to the introduction of several new drugs. Furlaud's streamlining and consistent support of the company's cardiovascular drugs paid off as the drugs' revenues jumped $240 million in one year. His changes at Squibb, though risky and at times controversial, allowed the firm to become a global leader in two of the pharmaceutical industry's most lucrative and growing markets, cardiovascular and cholesterol-lowering drugs[3] (i.e. the problematic statins).



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