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Mylan Comments on Death of Company Co-Founder and Former Chairman and CEO Milan "Mike" Puskar

Sun, 10/09/2011 - 2:38pm
Bio-Medicine.Org

PITTSBURGH, Oct. 8, 2011 /PRNewswire/ -- Mylan Inc. (Nasdaq: MYL) today commented on the death of Milan "Mike" Puskar, Mylan's co-founder, namesake, former chairman and CEO.

Mylan Chairman and CEO Robert J. Coury said: "We were deeply saddened by the passing of Mike Puskar, a truly one-of-a-kind individual. Mike was a pioneer in many ways and helped to create the generics industry as we know it today. Those of us who knew Mike personally will always remember him as a strong leader, thoughtful mentor, generous benefactor and faithful friend. His greatest gift to Mylan, however, was his insistence on high quality. Through this determined focus on quality, Mylan raised the bar for the entire generic pharmaceutical industry. Mike's simple and clear philosophy was, 'Do it right or don't do it at all,' and he expressed this very powerful idea in many ways over the years."

"Mike's emphasis on quality was rivaled only by his desire to meet unmet needs. His generosity in the community of Morgantown, W.Va., is legendary, and the beneficiaries of his giving are too numerous to count.

"Though Mike's formal association with Mylan ended in 2009 when he retired as the chairman of the board of directors, his powerful commitment to quality continues to touch every corner of our company, and shapes the basis of our values, unique corporate culture and strategy for the future. Mike will be deeply missed, but his legacy will live on."

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