Caraco Appoints COO: Detroit-based Caraco Pharmaceutical Laboratories, Ltd. (NYSE Amex: CPD) announced that G.P. Singh Sachdeva was appointed as Chief Operating Officer of the company by the board of directors on July 23. Previously, Singh served as senior v ice president of business strategies, a post he took in July 2007. He also served as vice president of sales and marketing from September 2003 to July 2007 and national sales and marketing manager from September 2000 to September 2003. Caraco develops, manufactures, markets and distributes generic pharmaceuticals to the nation’s largest wholesalers, distributors, drugstore chains and managed care providers. More at www.caraco.com.
Adeona Names Finance VP: Ann Arbor-based Adeona Pharmaceuticals Inc., (AMEX:AEN) announced that Julie A. Caudill has been appointed vice president of finance and corporate controller. Caudill brings to Adeona more than 15 years of biotechnology-related accounting and Securities and Exchange Commission compliance experience. For the past 15 years, Caudill served in a variety of financial reporting positions at Aastrom Biosciences Inc., a publicly traded biotech company developing autologous cellular therapies. Her most recent position at Aastrom was corporate controller and corporate secretary. She has experience in financial reporting, internal and external audit management, budget planning and control, treasury operations, and stock option reporting. Prior to Aastrom, Caudill served as accounting manager at KMS Industries Inc., and senior accountant at Gelman Sciences Inc. She has a bachelor’s degree in business administration from Eastern Michigan University. More at www.adeonapharma.com.
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