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Matrix changes top management structure

HYDERABAD: Matrix Laboratories Ltd., a pharmaceutical major, has announced changes in its executive management structure to pursue new growth strategies. Accordingly, Rajiv Malik, will be new Chief Executive Officer of the company. He was previously associated with Sandoz as its Head of Global Development and Registration, based in Vienna. N. Prasad, hitherto Chairman and Chief Executive Officer, will assume charge as the Executive Chairman to focus more on strategic issues.

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