Sajid Syed, MS, RPh

Chairman & Founder

An industry entrepreneur, Mr. Sajid Syed has built a career around successfully launching and selling pharmaceutical service companies. In 1999, after earning his graduate degree in pharmaceutical marketing from St. John’s University in New York, Mr. Syed founded InfuRx, a specialty pharmacy in Delaware focusing on Medicaid Managed Care and then replicated this business model and openeda branch in Memphis, TN. As a result, InfuRx gained the attention of larger specialty pharmacy organizations, and, in 2001, he sold InfuRx to Priority Healthcare Corporation(Nasdaq: PHCC) the largest national Specialty Pharmacy provider at the time. In 2005 Mr Syed along with the Management team sold Priority to Express Scripts (Nasdaq:ESRX) in 2005.

In 2005, Mr. Syed founded Sanovia Corporation, a technology company automating prior authorization processes for high costs drugs managed by health plans and PBM’s- serving as President and CEO. He closed a Venture Capital round and brought in professional management to run the company. He resigned in 2007, but remained as chairman of the board. Sanovia was sold to Health Information Design LLC in 2012.

Later that year, in 2007, Mr.Syed founded and became President of Acro Pharmaceutical Services, a boutique Specialty Pharmacy providing next generation management solutions to it’s payer and pharmaceutical manufacturer clients. Mr. Syed sold Acro to Lincare in February 2011, and continued as its President until the completion of his contract in March 2014. He then served as a board member of Acro, to join its corporate owner, Lincare Holdings – a subsidiary of Linde Group AG (LIN: XETRA) till August 2014.

Mr. Syed is also very actively involved in social activities and serves on numerous other non-profit boards:

Mr. Syed is married to Simin Syed, who practiced immigration law in NYC for over 25 years and is now retired and involved in many social work activities.