Hugo Sigman
| Hugo Sigman | |
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| Born | Buenos Aires, Argentina |
| Occupation | CEO of Grupo Insud |
Hugo Sigman is the founder, CEO and –jointly with his wife, Biochemist —the only shareholder of Grupo Insud, a business conglomerate with an active presence in the fields of pharmaceuticals, agroforestry, culture, nature and design.
Hugo Sigman was born in Buenos Aires, Argentina, in 1944. He completed his primary and secondary schooling in public schools. In 1969, he earned his Medical Doctor degree from Universidad de Buenos Aires, and in the same year, he graduated from the Social Psychology School led by Dr. Pichon Riviére.
In 1970, he joined as Resident the Psychiatry Service of Policlínico Lanús, directed by Professor Mauricio Goldenberg. He continued his career, first as Chief of Residents, and then as founder and director of the Psychiatric Emergency Unit at the same hospital. In 1976, he moved to Spain, where he worked at the Psychiatry Service of Hospital Clínico de Barcelona.
At that time, encouraged by his father-in-law Roberto Gold, Hugo Sigman started his entrepreneurial career and got involved in the pharmaceutical industry. In 1978, with his wife, Silvia Gold –his partner in love and work for 45 years-, he founded Chemo, a chemical-pharmaceutical company, and the first company of Grupo Insud. Their goal was to create a company to produce high-quality medicines at affordable prices. In the 1980s, Hugo and Silvia returned to Argentina to continue the path they had started in Europe.
At present, Grupo Insud comprises three companies in the life sciences industry: Chemo, a company that sells active pharmaceutical ingredients (APIs) and finished dosage forms (FDFs) to 1,200 pharmaceutical companies around the world, has 15 manufacturing sites and 9 R&D centers; Exeltis, a company that sells branded products in more than 40 countries, and mAbxience, a biotech company created in 2008, with 3 manufacturing sites, the first monoclonal antibody plant in Latin America –pharmADN- and the first vaccine and biotech production plant in Argentina, Sinergium Biotech.
Chemo signed an agreement with the World Health Organization and Utrecht University to produce the Palivizumab monoclonal antibody and facilitate access to this medicine for premature children, as it is estimated that 250,000 premature children die every year around the world without treatment due to its high cost.
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