Bruce Downey is the former chairman and CEO of

Barr Pharmaceuticals Barr Pharmaceuticals was an American specialty and generic drug manufacturer with operations in 30 countries. Approximately 75% of the company's revenues came from the sale of generic drugs, including 18% of sales which were from the sale of oral ...

(bought by

Teva Pharmaceuticals Teva Pharmaceutical Industries Ltd. (also known as Teva Pharmaceuticals) is an Israeli multinational Pharmaceutical industry, pharmaceutical company. Teva specializes primarily in generic drugs, but other business interests include branded-drug ...

) and in 2009 became a partner at New Spring Capital, a venture capital firm.

Career

Downey began his career in the Honors Program of the

U.S. Department of Justice The United States Department of Justice (DOJ), also known as the Justice Department, is a federal executive department of the U.S. government that oversees the domestic enforcement of federal laws and the administration of justice. It is equi ...

. He later worked as a special litigation counsel at the

U.S. Department of Energy The United States Department of Energy (DOE) is an executive department of the U.S. federal government that oversees U.S. national energy policy and energy production, the research and development of nuclear power, the military's nuclear we ...

and then became a partner at the law firm of

Winston & Strawn Winston & Strawn LLP is an international law firm headquartered in Chicago. It has more than 975 attorneys spread across ten offices in the United States and five offices in Europe, Asia, and South America. Founded in 1853, it is one of the large ...

. In January 1993, Downey was appointed president and chief operating officer of

. He became chairman and CEO in 1994 when Barr's founder Edwin A. Cohen stepped down. During Downey's tenure at Barr, the company grew revenue from $60 million to more than $2.5 billion and became the fourth largest global

generic drug A generic drug is a pharmaceutical drug that contains the same chemical substance as a drug that was originally protected by chemical patents. Generic drugs are allowed for sale after the patents on the original drugs expire. Because the active ch ...

company. In 2008, Barr Pharmaceuticals was acquired by Teva Pharmaceutical. Downey was named Ernst & Young Entrepreneur of the Year in 2009. Downey is a member of the board of directors for

Cardinal Health Cardinal Health, Inc. is an American multinational health care services company, and the 14th highest revenue generating company in the United States. Headquartered in Dublin, Ohio, the company specializes in the distribution of pharmaceuticals ...

and Momenta Pharmaceuticals. He also served as the chairman of the board of directors of the

Generic Pharmaceutical Association The Association for Accessible Medicines (AAM), Washington, D.C., is a trade association representing the manufacturers and distributors of generic prescription drugs, manufacturers and distributors of bulk pharmaceutical chemicals, and suppliers o ...

from 2006 to 2008.

Education

Downey received a bachelor's degree with honors from

Miami University Miami University (informally Miami of Ohio or simply Miami) is a public university, public research university in Oxford, Ohio, United States. Founded in 1809, it is the second-oldest List of colleges and universities in Ohio, university in Ohi ...

Oxford, Ohio Oxford is a city in northwestern Butler County, Ohio, United States. The population was 23,035 at the 2020 United States census, 2020 census. A college town, Oxford was founded as a home for Miami University and lies in the southwestern portion ...

. He then received a

Juris Doctor A Juris Doctor, Doctor of Jurisprudence, or Doctor of Law (JD) is a graduate-entry professional degree that primarily prepares individuals to practice law. In the United States and the Philippines, it is the only qualifying law degree. Other j ...

degree from

Ohio State University The Ohio State University (Ohio State or OSU) is a public university, public Land-grant university, land-grant research university in Columbus, Ohio, United States. A member of the University System of Ohio, it was founded in 1870. It is one ...

Moritz College of Law The Michael E. Moritz College of Law is the law school of Ohio State University, a public land-grant research university in Columbus, Ohio. Founded in 1891, the school is located in Drinko Hall on the main campus of the Ohio State University in C ...

in 1973, where he was an editor of the Ohio State Law Journal and graduated

Order of the Coif The Order of the Coif () is an American honor society for law school graduates. The Order was founded in 1902 at the University of Illinois College of Law. The name is a reference to the ancient English order of trial lawyers, the serjeants-at-la ...

References

Living people Miami University alumni Ohio State University Moritz College of Law alumni Year of birth missing (living people) People associated with Winston & Strawn {{US-business-bio-stub