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

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

Martin VanTrieste, 58 and a former top executive atbiotechnology giant Amgen Inc., will run the organization, anot-for-profit called Civica Rx. Dan Liljenquist, 44 and anIntermountain Healthcare executive, will be chairman. Healthsystems with a total of about 500 hospitals — includingIntermountain, HCA Healthcare Inc., Mayo Clinic and Catholic HealthInitiatives — will help govern the venture, alongside severalphilanthropies.

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