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Qualitest Pharmaceuticals Appoints Ronald Johnson to Board of Directors

Thursday, May 13, 2010 Press Release
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HUNTSVILLE, Ala., May 12 Qualitest Pharmaceuticals, a leading manufacturer and distributor of generic pharmaceuticals, today announced that Ronald Johnson has joined the company's Board of Directors.
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Mr. Johnson has extensive industry experience including 30 years of experience as an employee of the Food and Drug Administration, holding various senior-level management positions including Pacific Region Director. Currently, he provides executive management consultation to the pharmaceutical, biotechnology and medical device industries. He has previously served as the Executive Vice President of Quintiles Consulting, as Principal for PRTM Management Consultants, and, since 2003, as an Independent Director on the Board of Directors of Akorn, Inc. a generic pharmaceutical manufacturer.
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Marvin Samson, Chairman and Chief Executive Officer of Qualitest Pharmaceuticals, commented, "Ron's exceptional experience will be an enormous contribution to Qualitest Pharmaceuticals and will help to deliver the company's full potential. I look forward to working with Ron as we continue towards our goal to become the preferred provider of high-quality, affordable pharmaceuticals in the United States."

Mr. Johnson commented, "Qualitest Pharmaceuticals is an innovative and entrepreneurial company with an excellent management team and portfolio of products. I am looking forward to working with Marvin and the rest of the Board of Qualitest Pharmaceuticals as the company continues its strong growth, balanced with its unwavering dedication to compliance."

About Qualitest Pharmaceuticals

Founded in 1983, Qualitest provides affordable, high-quality generic pharmaceuticals. Featuring a current portfolio exceeding 600 products, the company has grown significantly since its inception. Based on the total number of prescriptions filled, Qualitest is now ranked in the top ten among all suppliers of generic pharmaceuticals in the U.S.

Privately held by funds advised by Apax Partners, a leading global private equity firm, Qualitest has its headquarters and distribution facilities in Huntsville, Alabama and a workforce of more than 1,100 employees in Huntsville and Charlotte, North Carolina.

For more information, please contact: Marvin Samson Tel: +1 856-424-6200 Email: [email protected]

SOURCE Qualitest Pharmaceuticals
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