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12%  
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  • WVU Patron,Philanthropist, Pharmaceutical giant, Milan Puskar dies (another AMerican success story)

    10/07/2011 9:17:17 PM PDT · by MadelineZapeezda · 20 replies
    The Charleston Gazette ^ | Oct.7, 2011 | Travis Crum
    CHARLESTON, W.Va. -- Milan "Mike" Puskar, co-founder of the third-largest generic pharmaceuticals company in the world and longtime donor to West Virginia University, died Friday at age 77. Puskar died at 8:30 p.m. in Morgantown after a battle with cancer, said Steve Lorenze, his business partner. In 1961, Puskar co-founded Mylan Laboratories Inc. in Morgantown. The company began as a distributor, buying finished goods and reselling them to pharmacies and physicians. In 1966, it received approval from the U.S. Food and Drug Administration to manufacture its first medicine, Penicillin G. Mylan now is a Fortune 500 company with headquarters in...