About Us

About Us

Company

OVERVIEW

Here at Rising Pharmaceuticals, we strive relentlessly to improve our standards, quality of delivery, and strategic approach to bring best-in-class solutions that truly elevate the pharmaceutical standards and bring a visible difference.

Quality, Versatility and Excellence are our core operating pillars that enable us to deliver comprehensive pharmaceutical solutions for building a healthier community.

Our purpose soars beyond mere business – it’s about elevating life at every touchpoint. From our manufacturers to our dedicated partners, from frontline pharmacies to physicians, and ultimately to the patients we serve, our mission is one of continuous improvement and care. We’re not just in the business of pharmaceuticals; we’re in the art of enhancing lives. By ensuring the best quality in our affordably priced generic medications and committing to patient education, we bring convenience and confidence to the very heart of our therapeutic interventions. This is the essence of Rising Pharma – where every action and every product reflects our dedication to health and well-being.

Vision

To stand as the pharmaceutical industry’s most versatile company, with a diverse portfolio of best-in-class products across a spectrum of therapeutic areas, committed to elevating healthcare standards through accelerated time-to-market and excellence in delivery and distribution.

Mission

To enhance patient care through our steadfast commitment to delivering the highest-quality products and pursuing dynamic partnerships that make them accessible to all.

CEO's Message

At Rising, we prioritize delivering exceptional value to all our stakeholders. Our success is the result of a series of strategic decisions made over the years, with a strong emphasis on financial prudence. This focus ensures an uninterrupted supply, builds confidence with our immediate buyers, and fosters trust among patients, investors, and employees alike.

Rising’s product development engine continuously addresses unmet medical needs by delivering effective solutions at the optimal time and cost.

Our commitment to excellence is ingrained in everything we do. We place a premium on scientific rigor, integrate world-class production capabilities, and establish a robust commercial infrastructure. To achieve this, we have made substantial investments in the development, manufacturing, and supply aspects of our operations. We collaborate with our valued partners, leveraging their diverse capabilities to strengthen our versatile platform. Moreover, we believe that the success of Rising Pharmaceuticals rests upon our dedicated team of professionals who work tirelessly to bring it all together.

After multiple decades of founding and several changes in ownership, Rising Pharmaceuticals is now in the best position to fulfill our mission. We stand poised to meet medical needs with the highest quality, ensuring our affordable medications are both widely available and accessible to all individuals in need.

I extend my sincerest gratitude to each of you for your continued patronage. Together, we will make a profound impact and drive positive change in the healthcare industry.

Vimal Kavuru
President & CEO

CEO's Message

At Rising, we prioritize delivering exceptional value to all our stakeholders. Our success is the result of a series of strategic decisions made over the years, with a strong emphasis on financial prudence. This focus ensures an uninterrupted supply, builds confidence with our immediate buyers, and fosters trust among patients, investors, and employees alike.

Rising’s product development engine continuously addresses unmet medical needs by delivering effective solutions at the optimal time and cost.

Our commitment to excellence is ingrained in everything we do. We place a premium on scientific rigor, integrate world-class production capabilities, and establish a robust commercial infrastructure. To achieve this, we have made substantial investments in the development, manufacturing, and supply aspects of our operations. We collaborate with our valued partners, leveraging their diverse capabilities to strengthen our versatile platform. Moreover, we believe that the success of Rising Pharmaceuticals rests upon our dedicated team of professionals who work tirelessly to bring it all together.

After multiple decades of founding and several changes in ownership, Rising Pharmaceuticals is now in the best position to fulfill our mission. We stand poised to meet medical needs with the highest quality, ensuring our affordable medications are both widely available and accessible to all individuals in need.

I extend my sincerest gratitude to each of you for your continued patronage. Together, we will make a profound impact and drive positive change in the healthcare industry.

Our Story

WE ARE STEPPING INTO A NEW ERA OF EXCELLENCE

At Rising, we embody a relentless resolve to confront challenges and elevate healthcare with quality, versatility, and excellence, the core pillars of our business.

Our name reflects our commitment to rising to any occasion as we strive to transform the pharmaceutical landscape.

Through strategic mergers and acquisitions, we have unified our vision and consolidated our businesses to create a more dynamic and cohesive organization. This consolidation marks a pivotal moment in our journey, positioning us as a leader in pharmaceutical solutions.

As we adapt to new business strategies, broaden our product lines, and attract a diverse customer base, we are set to expand our operations and offerings

Our exciting journey is a testament to the integration of our core values, resources, and market presence, driving us to reach new heights in the pursuit of excellence.

YEARS OF EXPERTISE

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Deep domain expertise – Management team with a strong track record and over 250 years of cumulative experience in generics and specialty pharma

ROBUST PRODUCT PORTFOLIO

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250+ on-market products and pipeline of 200+ products

EMPLOYEES GLOBALLY

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US & INDIA

MANUFACTURING NETWORK

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USFDA approved,  40+ unique partner sites

Leadership Team

Vimal Kavuru

PRESIDENT & CEO

Ira Baeringer

COO

Jim Mastakas

CFO

Sandeep Mhetre

CSO

Akhil Dave

Global HR Director

Dave Picard

Executive VP & Head - Institutional sales

Steven Greenstein

EVP - SALES AND MARKETING

Jai Parivesh

VP - BUSINESS AND COMMERCIAL OPERATIONS

Rahul Sareen

VP - Quality Assurance & Regulatory Affairs

Ravi K. Vatchavai

VP - Regulatory Affairs

Steve Coventry

VP - Operations

Rahul Saikia

HEAD - MERGERS & ACQUISITIONS

Shrikanth Maddirela

SVP – Information Technology & SAP

Quality Assurance

OUR PROMISE - UNCOMPROMISED QUALITY

Our products are manufactured in state-of-the-art GMP facilities, embodying our dedication to regulatory compliance and superior quality. Through strategic alliances across the United States, we ensure that our high-quality pharmaceutical products efficiently and securely reach customers.

Because quality is fundamental to our principals and everything we do, patients can have faith in the safety and efficacy of our products.

Our Values

INTEGRITY

At the heart of our operations, integrity guides every decision we make. We commit to honest and ethical practices in all our endeavors, ensuring that our products and processes meet the highest quality and safety standards.

RESPONSIBILITY

We take our responsibility seriously, understanding the impact of our products on the healthcare industry and the environment. Our approach encompasses careful consideration of our environmental footprint, ethical sourcing of materials, and dedication to providing safe, effective drugs. We are committed to continuously improving and maintaining accountability for our actions in the community and the industry at large.

SERVICE

Service is the cornerstone of our mission, focusing on meeting and exceeding the needs of our clients and patients. We strive to make high-quality medications while ensuring superior customer support and patient education. Our dedication to service is not just about fulfilling needs but about enriching lives and contributing positively to healthcare outcomes.

COLLABORATION

We foster partnerships with healthcare professionals, researchers, and other industry players to develop better solutions and advance pharmaceutical science. Through collaborative efforts, we aim to explore new possibilities in generic and specialty pharmaceuticals, driving progress and discovery.

TEAMWORK

Teamwork is vital to our success, as it brings together diverse skills, experiences, and perspectives. We encourage a culture of mutual respect and open communication, where every team member contributes to our shared goals. This collaborative spirit is crucial as we navigate the complex challenges of the pharmaceutical industry and venture into new avenues of progress and service.

At the heart of our operations, integrity guides every decision we make. We commit to honest and ethical practices in all our endeavors, ensuring that our products and processes meet the highest quality and safety standards.

We take our responsibility seriously, understanding the impact of our products on the healthcare industry and the environment. Our approach encompasses careful consideration of our environmental footprint, ethical sourcing of materials, and dedication to providing safe, effective drugs. We are committed to continuously improving and maintaining accountability for our actions in the community and the industry at large.

Service is the cornerstone of our mission, focusing on meeting and exceeding the needs of our clients and patients. We strive to make high-quality medications while ensuring superior customer support and patient education. Our dedication to service is not just about fulfilling needs but about enriching lives and contributing positively to healthcare outcomes.

We foster partnerships with healthcare professionals, researchers, and other industry players to develop better solutions and advance pharmaceutical science. Through collaborative efforts, we aim to explore new possibilities in generic and specialty pharmaceuticals, driving progress and discovery.

Teamwork is vital to our success, as it brings together diverse skills, experiences, and perspectives. We encourage a culture of mutual respect and open communication, where every team member contributes to our shared goals. This collaborative spirit is crucial as we navigate the complex challenges of the pharmaceutical industry and venture into new avenues of progress and service.

LEADERSHIP TEAM

Shrikanth Maddirela, has a distinguished career spanning 30+ years in manufacturing, supply Chain and IT consulting sectors. He has diverse exposure in manufacturing, life Sciences, energy, high-tech, and automotive industries in North America, Middle East, Europe, Asia Pacific and India regions. He holds a bachelor’s degree in mechanical engineering from Bangalore university, India.

Shrikanth Maddirela

SVP – Information Technology & SAP

Shrikanth has extensive experience in strategic leadership, leading various technology initiatives across organizations, including digital transformations, building cross-functional teams and incubating offshore Centers of Excellence that act as a wellspring of expertise, ensuring organizations benefit from the most advanced practices and solutions delivering better efficiencies, insights and faster time to market. A technology strategist with deep focus on productivity leveraging technology, he believes in empowering enterprises on their growth trajectory and creating business value. Shrikanth is an asset with his unwavering commitment, relentless focus on delivering results, extensive experience of significant technological changes and industry transformations.

Shrikanth Maddirela

SVP – Information Technology & SAP

Shrikanth Maddirela, has a distinguished career spanning 30+ years in manufacturing, supply Chain and IT consulting sectors. He has diverse exposure in manufacturing, life Sciences, energy, high-tech, and automotive industries in North America, Middle East, Europe, Asia Pacific and India regions. He holds a bachelor’s degree in mechanical engineering from Bangalore university, India.

Shrikanth has extensive experience in strategic leadership, leading various technology initiatives across organizations, including digital transformations, building cross-functional teams and incubating offshore Centers of Excellence that act as a wellspring of expertise, ensuring organizations benefit from the most advanced practices and solutions delivering better efficiencies, insights and faster time to market. A technology strategist with deep focus on productivity leveraging technology, he believes in empowering enterprises on their growth trajectory and creating business value. Shrikanth is an asset with his unwavering commitment, relentless focus on delivering results, extensive experience of significant technological changes and industry transformations.

LEADERSHIP TEAM

Sandeep Mhetre is a distinguished professional with a proven track record of delivering complex products to the U.S. market. He possesses extensive expertise in leading global R&D centres, designing comprehensive product portfolios, establishing manufacturing infrastructures, navigating regulatory audits, and spearheading commercial launches.

Sandeep Mhetre

Chief Scientific Officer

Throughout his career, Sandeep has held several senior positions with renowned pharmaceutical companies across the Asia-Pacific region. In these roles, he was responsible for product selection, development, manufacturing, and global commercial launches. He has been an integral part of leadership teams, collaborating closely with board members to devise strategies that drive revenue, profitability, and long-term growth. With his exceptional techno-commercial experience of over two decades, Sandeep will play a pivotal role in advancing Rising’s R&D efforts, enhancing technical capabilities, expanding the product portfolio, and strengthening Rising’s position in the highly competitive U.S. market with niche and complex generics.

Sandeep-Mhetre

Chief Scientific Officer

Sandeep Mhetre is a distinguished professional with a proven track record of delivering complex products to the U.S. market. He possesses extensive expertise in leading global R&D centres, designing comprehensive product portfolios, establishing manufacturing infrastructures, navigating regulatory audits, and spearheading commercial launches.

Throughout his career, Sandeep has held several senior positions with renowned pharmaceutical companies across the Asia-Pacific region. In these roles, he was responsible for product selection, development, manufacturing, and global commercial launches. He has been an integral part of leadership teams, collaborating closely with board members to devise strategies that drive revenue, profitability, and long-term growth. With his exceptional techno-commercial experience of over two decades, Sandeep will play a pivotal role in advancing Rising’s R&D efforts, enhancing technical capabilities, expanding the product portfolio, and strengthening Rising’s position in the highly competitive U.S. market with niche and complex generics.

growing businesses. Akhil holds an MBA in Human Resources from India’s prestigious XLRI. His engineering background adds a unique analytical perspective to his experience. Notably, he was honored with the Economic Times Young Leader Award in 2018, emerging as one of 500 exceptional applicants.

LEADERSHIP TEAM

Dave Picard, a pharma veteran with over 30 years of experience in the industry, has held various key commercial roles of increasing responsibility with both suppliers and customers. He holds a BS from the University of Central Florida and an MBA from Robert Morris University.

Dave Picard

Executive VP & Head - Institutional sales

Generic injectables have been a common theme throughout his career, having worked at two of the larger generic arms of branded companies, Apothecon / Bristol Myers-Squibb and Sandoz / Novartis. While at Sandoz, Dave led the commercial team which ultimately delivered the industry’s first and only billion-dollar generic launch: Enoxaparin. Dave also led the generic sourcing team at Cencora, one of the three large wholesalers / customers. Prior to joining Rising, Dave held the position of Chief Commercial Officer with a specialty generic company: Slayback Pharma. Dave’s industry contacts and reputation built over three decades is a perfect fit to lead our nascent injectable business.

Dave Picard

Executive VP & Head - Institutional sales

Dave Picard, a pharma veteran with over 30 years of experience in the industry, has held various key commercial roles of increasing responsibility with both suppliers and customers. He holds a BS from the University of Central Florida and an MBA from Robert Morris University.

Generic injectables have been a common theme throughout his career, having worked at two of the larger generic arms of branded companies, Apothecon / Bristol Myers-Squibb and Sandoz / Novartis. While at Sandoz, Dave led the commercial team which ultimately delivered the industry’s first and only billion-dollar generic launch: Enoxaparin. Dave also led the generic sourcing team at Cencora, one of the three large wholesalers / customers. Prior to joining Rising, Dave held the position of Chief Commercial Officer with a specialty generic company: Slayback Pharma. Dave’s industry contacts and reputation built over three decades is a perfect fit to lead our nascent injectable business.

LEADERSHIP TEAM

Akhil Dave is a seasoned HR professional with a wealth of experience in the pharmaceuticals and FMCG sectors. His journey has taken him across continents, from the corporate landscape of the USA to the vibrant markets of Asia with stints across India, Singapore, and China.

Akhil Dave

Global HR Director

Akhil has held leadership positions across different markets for established companies like Cipla pharmaceuticals and Unilever. Most recently, he was the HR Head for Cipla North America where he adeptly ramped up the HR function to support revenue expansion from ~$400 million to $900 million in just four years. His ability to integrate acquired manufacturing and product assets and building leadership teams was instrumental in this success. He has a proven track record of setting up and building high-performing HR functions and teams for fast growing businesses. Akhil holds an MBA in Human Resources from India’s prestigious XLRI. His engineering background adds a unique analytical perspective to his experience. Notably, he was honored with the Economic Times Young Leader Award in 2018, emerging as one of 500 exceptional applicants.

Akhil Dave

Global HR Director

Akhil Dave is a seasoned HR professional with a wealth of experience in the pharmaceuticals and FMCG sectors. His journey has taken him across continents, from the corporate landscape of the USA to the vibrant markets of Asia with stints across India, Singapore, and China.

Akhil has held leadership positions across different markets for established companies like Cipla pharmaceuticals and Unilever. Most recently, he was the HR Head for Cipla North America where he adeptly ramped up the HR function to support revenue expansion from ~$400 million to $900 million in just four years. His ability to integrate acquired manufacturing and product assets and building leadership teams was instrumental in this success. He has a proven track record of setting up and building high-performing HR functions and teams for fast growing businesses. Akhil holds an MBA in Human Resources from India’s prestigious XLRI. His engineering background adds a unique analytical perspective to his experience. Notably, he was honored with the Economic Times Young Leader Award in 2018, emerging as one of 500 exceptional applicants.

LEADERSHIP TEAM

Jai Parivesh is a highly accomplished professional with a robust background in commercial operations and business analytics. He holds an MBA in International Business Management from the esteemed University of Wales, Newport, UK, and a Bachelor’s degree in commerce with a specialization in computers.

Jai Parivesh

VP – Business & Commercial Operations

With extensive industry experience and senior positions held at reputed pharmaceutical companies, Jai demonstrates expertise in operations management, strategic marketing, financial analysis, and global market dynamics. Known for his exceptional analytical skills and innovative thinking, Jai excels in translating complex data into actionable insights that drive performance and enable informed decision-making. His collaborative leadership style, coupled with a proactive approach to problem-solving, fosters a culture of excellence and continuous improvement. Jai’s orientation to growth, coupled with his deep commitment to organizational success, positions him as a dynamic leader at Rising.

Jai Parivesh

VP – Business & Commercial Operations

Jai Parivesh is a highly accomplished professional with a robust background in commercial operations and business analytics. He holds an MBA in International Business Management from the esteemed University of Wales, Newport, UK, and a Bachelor’s degree in commerce with a specialization in computers.

With extensive industry experience and senior positions held at reputed pharmaceutical companies, Jai demonstrates expertise in operations management, strategic marketing, financial analysis, and global market dynamics. Known for his exceptional analytical skills and innovative thinking, Jai excels in translating complex data into actionable insights that drive performance and enable informed decision-making. His collaborative leadership style, coupled with a proactive approach to problem-solving, fosters a culture of excellence and continuous improvement. Jai’s orientation to growth, coupled with his deep commitment to organizational success, positions him as a dynamic leader at Rising.

LEADERSHIP TEAM

Steve Coventry, with over 45 years of experience in FDA-regulated sterile human and veterinary pharmaceuticals, specializes in operations and facility design. He holds a BS in Industrial Engineering from Millikin University, IL.

Steve Coventry

VP - Operations

Steve brings a wealth of expertise from his previous roles, including Vice President of Operations at Medefil, Inc., where he specialized in sterile injection and device manufacturing; General Manager at CreoSalus, Inc., overseeing sterile peptide injections and medical devices; and Vice President of Operations & General Manager at Akorn, Inc., where he managed private label and CMO sterile injections, DEA-regulated substances, and ophthalmic solutions. His extensive experience positions him as a key asset in ensuring the quality and efficacy of our products.

Steve Coventry

VP - Operations

Steve Coventry, with over 45 years of experience in FDA-regulated sterile human and veterinary pharmaceuticals, specializes in operations and facility design. He holds a BS in Industrial Engineering from Millikin University, IL.

Steve brings a wealth of expertise from his previous roles, including Vice President of Operations at Medefil, Inc., where he specialized in sterile injection and device manufacturing; General Manager at CreoSalus, Inc., overseeing sterile peptide injections and medical devices; and Vice President of Operations & General Manager at Akorn, Inc., where he managed private label and CMO sterile injections, DEA-regulated substances, and ophthalmic solutions. His extensive experience positions him as a key asset in ensuring the quality and efficacy of our products.

LEADERSHIP TEAM

Ravi K.Vatchavai, with a Master’s in Analytical Chemistry and 27 years in the pharmaceutical industry, is an expert in analytical methodologies and US regulatory affairs.

Ravi K. Vatchavai

VP - Regulatory Affairs

His initial 7-year focus on Analytical Chemistry laid the groundwork for his successful transition into regulatory affairs. Ravi’s global career began at Dr. Reddy’s in India, enhancing his analytical chemistry skills in drug development, followed by a significant role at InvaGen Pharmaceuticals in the US, where he deepened his expertise and adapted to US regulatory standards. His journey continued through key positions at Perrigo, Watson, Actavis, Allergan, and Teva Pharmaceuticals, contributing substantially to product development and compliance. His diverse experience reflects his adaptability and strategic prowess, making him a vital asset in navigating the complex global regulatory landscape of the pharmaceutical industry.

Ravi K. Vatchavai

VP - Regulatory Affairs

Ravi K.Vatchavai, with a Master’s in Analytical Chemistry and 27 years in the pharmaceutical industry, is an expert in analytical methodologies and US regulatory affairs.

His initial 7-year focus on Analytical Chemistry laid the groundwork for his successful transition into regulatory affairs. Ravi’s global career began at Dr. Reddy’s in India, enhancing his analytical chemistry skills in drug development, followed by a significant role at InvaGen Pharmaceuticals in the US, where he deepened his expertise and adapted to US regulatory standards. His journey continued through key positions at Perrigo, Watson, Actavis, Allergan, and Teva Pharmaceuticals, contributing substantially to product development and compliance. His diverse experience reflects his adaptability and strategic prowess, making him a vital asset in navigating the complex global regulatory landscape of the pharmaceutical industry.

LEADERSHIP TEAM

Rahul Sareen, a seasoned pharmaceutical quality professional with over 25 years of experience, has honed his expertise across India, Australia, and the USA. His broad skill set encompasses product development, technology transfer, quality operations, and compliance.

Rahul Sareen

VP - Quality Assurance & Regulatory Affairs

He has successfully led quality functions in manufacturing for APIs, sterile, radio pharmaceuticals, specialty, and oral solid dosage forms. Committed to ensuring patient safety, Rahul advocates a life cycle approach to quality. He is adept at hosting regulatory inspections and proficiently addressing observations.

His achievements include initiating compliance enhancements, conducting gap assessments, and implementing lasting corrective actions to strengthen the supply chain. Rahul is a valuable asset in ensuring compliance and maintaining high standards within the industry.

Rahul Sareen

VP - Quality Assurance & Regulatory Affairs

Rahul Sareen, a seasoned pharmaceutical quality professional with over 25 years of experience, has honed his expertise across India, Australia, and the USA. His broad skill set encompasses product development, technology transfer, quality operations, and compliance.

He has successfully led quality functions in manufacturing for APIs, sterile, radio pharmaceuticals, specialty, and oral solid dosage forms. Committed to ensuring patient safety, Rahul advocates a life cycle approach to quality. He is adept at hosting regulatory inspections and proficiently addressing observations.

His achievements include initiating compliance enhancements, conducting gap assessments, and implementing lasting corrective actions to strengthen the supply chain. Rahul is a valuable asset in ensuring compliance and maintaining high standards within the industry.

LEADERSHIP TEAM

Rahul Saikia, currently leading M&A and Strategy at Rising Pharmaceuticals, has been pivotal in driving the firm’s growth through strategic M&A.

He played a crucial role in partnering with HIG Capital and spearheaded the noteworthy acquisition of Akorn Inc’s injectable plant in Decatur, IL in June 2023, earning a nomination for Acquisition of the Year at Citeline’s Global Generics and Biosimilars Awards.

Rahul Saikia

Head - Mergers & Acquisitions

In his previous role, Rahul served as the Chief Strategy Officer at FDC Limited where he led transformative initiatives across the US, India, and South Africa, resulting in significant net income growth. His achievements include acquiring Enteroplus from GSK and consolidating stakes in a South African JV.

Rahul’s extensive background encompasses 18 years in Investment Banking with ANZ Investment Bank, ENAM Securities, and PwC Corporate Finance, including a tenure at Pfizer India in Strategy and Business Development.

He is a chartered accountant trained with PwC, India. His leadership experience will be instrumental in driving the company’s growth and success.

Rahul Saikia

Head - Mergers & Acquisitions

Rahul Saikia, currently leading M&A and Strategy at Rising Pharmaceuticals, has been pivotal in driving the firm’s growth through strategic M&A.

He played a crucial role in partnering with HIG Capital and spearheaded the noteworthy acquisition of Akorn Inc’s injectable plant in Decatur, IL in June 2023, earning a nomination for Acquisition of the Year at Citeline’s Global Generics and Biosimilars Awards.

In his previous role, Rahul served as the Chief Strategy Officer at FDC Limited where he led transformative initiatives across the US, India, and South Africa, resulting in significant net income growth. His achievements include acquiring Enteroplus from GSK and consolidating stakes in a South African JV.

Rahul’s extensive background encompasses 18 years in Investment Banking with ANZ Investment Bank, ENAM Securities, and PwC Corporate Finance, including a tenure at Pfizer India in Strategy and Business Development.

He is a chartered accountant trained with PwC, India. His leadership experience will be instrumental in driving the company’s growth and success.

LEADERSHIP TEAM

Steven Greenstein, with a robust 35-year career spanning the entire pharmaceutical vertical including retail, wholesale/distribution, and manufacturing, has played pivotal roles in various capacities.

Steven Greenstein

Executive VP – Sales & Marketing

His experience includes directing a small independent pharmacy chain and holding key leadership positions at prominent organizations such as Cardinal Health and Sandoz. As a seasoned sales professional, he has adeptly managed and led diverse accounts and teams. Steven is recognized as a collaborative team player, dedicated to driving sales and fostering win-win solutions by effectively working with both internal and external stakeholders. Steven is a valuable asset in driving sales and fostering successful partnerships.

Steven Greenstein

Executive VP – Sales & Marketing

Steven Greenstein, with a robust 35-year career spanning the entire pharmaceutical vertical including retail, wholesale/distribution, and manufacturing, has played pivotal roles in various capacities.

His experience includes directing a small independent pharmacy chain and holding key leadership positions at prominent organizations such as Cardinal Health and Sandoz. As a seasoned sales professional, he has adeptly managed and led diverse accounts and teams. Steven is recognized as a collaborative team player, dedicated to driving sales and fostering win-win solutions by effectively working with both internal and external stakeholders. Steven is a valuable asset in driving sales and fostering successful partnerships.

LEADERSHIP TEAM

Jim Mastakas, a seasoned professional with 33 years of experience in Finance and Operations, has dedicated 26 years to the pharmaceutical industry, spanning branded, generics, and OTC sectors. His background includes leadership roles in both large public companies and private equity-backed entities.

Jim Mastakas

Chief Financial Officer

Holding a BA from Bentley University, Jim’s career trajectory in the pharmaceutical industry is marked by significant positions, including CFO and COO of Advantice Health. He has also served in various financial and executive roles at Wyeth, Mylan, Sandoz, Corepharma, and Amneal, where he led a notable $7 billion transaction, earning the “Deal of the Year” award from NJTC.

Jim’s career began at Ernst & Young, laying a solid foundation for his expertise in finance and operations within the pharmaceutical sector. His extensive experience in finance and operations, particularly in the pharmaceutical industry, showcase his valuable contributions to the field.

Jim Mastakas

Chief Financial Officer

Jim Mastakas, a seasoned professional with 33 years of experience in Finance and Operations, has dedicated 26 years to the pharmaceutical industry, spanning branded, generics, and OTC sectors. His background includes leadership roles in both large public companies and private equity-backed entities.

Holding a BA from Bentley University, Jim’s career trajectory in the pharmaceutical industry is marked by significant positions, including CFO and COO of Advantice Health. He has also served in various financial and executive roles at Wyeth, Mylan, Sandoz, Corepharma, and Amneal, where he led a notable $7 billion transaction, earning the “Deal of the Year” award from NJTC.

Jim’s career began at Ernst & Young, laying a solid foundation for his expertise in finance and operations within the pharmaceutical sector. His extensive experience in finance and operations, particularly in the pharmaceutical industry, showcase his valuable contributions to the field.

Ira Baeringer

Chief Operating Officer

Ira Baeringer has an impressive 30-year career in pharmaceutical marketing, business development, and commercial operations. He has held numerous senior management positions across the industry, showcasing outstanding leadership. He holds a BA from the University of Delaware and an MBA from Colorado State University.

Before joining Rising Pharma Holdings, Ira founded and led Huntfield Pharma, a consultancy specializing in the commercial operations of the generics industry. He also served as Executive Vice President of Business Development at Citron Pharma LLC, where he spearheaded business development and commercial functions, focusing on licensing, acquisitions, market pricing, and portfolio selection.

Ira’s extensive experience includes holding key management roles at Intellipharmaceutics, Sanofi, and Sandoz. His deep industry knowledge and remarkable expertise bring great value and strategic insight to our operations.

LEADERSHIP TEAM

Ira Baeringer has an impressive 30-year career in pharmaceutical marketing, business development, and commercial operations. He has held numerous senior management positions across the industry, showcasing outstanding leadership. He holds a BA from the University of Delaware and an MBA from Colorado State University.

Ira Baeringer

Chief Operating Officer

Before joining Rising Pharma Holdings, Ira founded and led Huntfield Pharma, a consultancy specializing in the commercial operations of the generics industry. He also served as Executive Vice President of Business Development at Citron Pharma LLC, where he spearheaded business development and commercial functions, focusing on licensing, acquisitions, market pricing, and portfolio selection.

Ira’s extensive experience includes holding key management roles at Intellipharmaceutics, Sanofi, and Sandoz. His deep industry knowledge and remarkable expertise bring great value and strategic insight to our operations.

LEADERSHIP TEAM

Nand Desai is dedicated to driving strategic transformations and integrations within the organization, leveraging his extensive experience across all functional groups to ensure successful execution. He holds a BBA from the University of Michigan – Ross School of Business. Before joining Rising, Nand was engaged in private equity at H.I.G. Capital, where he focused on middle-market opportunities. He began his career as an Analyst in the M&A group at Greenhill & Co., gaining valuable experience in financial analysis and advisory services.

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Nand Desai is dedicated to driving strategic transformations and integrations within the organization, leveraging his extensive experience across all functional groups to ensure successful execution. He holds a BBA from the University of Michigan – Ross School of Business. Before joining Rising, Nand was engaged in private equity at H.I.G. Capital, where he focused on middle-market opportunities. He began his career as an Analyst in the M&A group at Greenhill & Co., gaining valuable experience in financial analysis and advisory services.