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The venture, announced by Intermountain in January, said it plans to have its first products ready by as early as next year. (Photo: Getty)

A drugmaking venture backed by major U.S. hospitals has picked a chief executive officer, hastening the arrival of another threat to generic pharmaceutical manufacturers.

Martin VanTrieste, 58 and a former top executive at biotechnology giant Amgen Inc., will run the organization, a not-for-profit called Civica Rx. Dan Liljenquist, 44 and an Intermountain Healthcare executive, will be chairman. Health systems with a total of about 500 hospitals — including Intermountain, HCA Healthcare Inc., Mayo Clinic and Catholic Health Initiatives — will help govern the venture, alongside several philanthropies.

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