About
- Name: ANDREAS STRUENGMANN
- English name: ANDREAS STRUENGMANN
- Native name: ---
- Alias: ---
- Award: ---
Description: In 2005, andreas struengmann and twin brother thomas sold their generic drugmaker hexal (plus a stake in eon labs) to novartis for some $7 billion. they cofounded hexal in 1986. the company launched the highly successful cholesterol-lowering drug simvastatin, a substitute for merck's zocor. the brothers invest in biotech, pharma, life sciences and healthcare companies through their zug, switzerland-based investment firm, santo holding. their portfolio includes germany's biontech and uruguay's mega pharma, initially a joint venture with argentine billionaire alberto roemmers. in 2008, they established a neuroscience research center in frankfurt named after their father, ernst struengmann.
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