Cambridge Major Laboratories and AAIPharma Services Appoint Patrick D. Walsh as CEO of Merged Company 10/29/2013 GERMANTOWN, W.I. and WILMINGTON, N.C, Oct. 29, 2013 /PRNewswire/ Cambridge Major Laboratories, Inc.(“CML”), a global leader in pharmaceutical API development and manufacturing, and AAIPharma Services, Corp. (“AAIPharma”), a leading global provider of pharmaceutical analytical testing, product development and manufacturing services, announce the appointment of Patrick D. Walsh as the Chief Executive Officer (CEO) of the merged company. Kyle Bradford, American Capital Managing Director, said, “We are very excited to be working with Pat on the continued growth of CML and AAIPharma. He is a well-respected CEO with over 30 years of leadership experience in the pharmaceutical industry. AAIPharma’s industry-leading formulation development and analytical service offerings complement CML’s world-class API development and manufacturing capabilities, and the combination creates an industry-leading contract development and manufacturing organization (“CDMO”) that is positioned for significant growth and expansion.” “The client response to our merger announcement has been very positive,” said Mr. Walsh. “Providing an integrated service offering, coupled with a stellar regulatory track record, allows the combined business to exceed the expectations of our global pharma client base.” The combined company forms the premier global supplier of integrated CMC services, including process chemistry, solid state chemistry, API manufacturing, formulation development, analytical development and testing services, clinical and commercial finished dosage form manufacturing (oral solid and sterile), packaging and stability services. The merger was announced by Water Street Healthcare Partners and American Capital, Ltd. (NASDAQ: ACAS).
What a joke. Water Street and Walsh. Look at the money and time spent to have almost the same capabilities that AAI had before they came on.
Surely the current owners can't be so foolish? Pat Walsh was the worst thing to ever happen to AII. We had sooooo many crap leaders but Pat was the worst. Worse than Ludo, worse than VJ, worse than little Ricky or little Marty, worse than the fat bastard, worse than Bruce, worse than Fran, worse than Ken, worse than David you make me want to hurl, worse than Leelu, worse than Fred or Billy underpants.....way worse. No investment bank can be that f-ing stupid....can they?
He was brought in to complete the Mhogen merger with Othera Pharmaceuticals and that did not work out. So he needed a new gig.
That is because he is an a$$hole and is a sociopath, no one in their right mind would want to be around him.