Frank Mullery and Bridseida Cruz have been appointed CEO and Head of Quality at ImprimisRx, respectively.
Quiver AI Summary
Harrow has announced leadership changes at its subsidiary ImprimisRx, appointing Frank Mullery as CEO and Bridseida Cruz as Head of Quality. Mullery brings over 20 years of experience in the healthcare industry, having previously led Sintetica US to successful product launches and commercial growth. Cruz comes with 25 years of expertise in quality and operations, known for her successful FDA compliance efforts and the launch of a new compounding facility. Harrow’s CEO Mark L. Baum expressed confidence in the new leaders, highlighting their roles in advancing ImprimisRx’s mission to provide essential and affordable ophthalmic medications.
Potential Positives
- Appointment of Frank Mullery as CEO brings over 20 years of healthcare and pharmaceutical leadership experience, which may drive transformative growth for ImprimisRx.
- Bridseida Cruz appointed as Head of Quality, leveraging her extensive experience in quality management and FDA compliance to enhance operational efficiency and reduce regulatory risks.
- The leadership changes are positioned to fulfill Harrow's vision of becoming a leading U.S. ophthalmic company, potentially increasing market presence and innovation in ophthalmic solutions.
Potential Negatives
- Leadership changes could indicate instability or a need for a strategic shift within ImprimisRx, potentially raising concerns among investors regarding the company's future direction.
- The mention of "forward-looking statements" highlights inherent uncertainties and risks associated with the company's operations, which may lead to investor apprehension.
- Recent leadership appointments do not explicitly address any past performance issues or challenges faced by ImprimisRx, which may leave stakeholders questioning the reasons behind the changes and their effectiveness.
FAQ
Who is the new CEO of ImprimisRx?
The new CEO of ImprimisRx is Frank Mullery, who has over 20 years of experience in healthcare and pharmaceuticals.
What are Frank Mullery's qualifications?
Frank Mullery holds an Executive MBA from Villanova University and a bachelor's degree in Accounting from King’s College.
What is Bridseida Cruz's new role at ImprimisRx?
Bridseida Cruz has been appointed as the Head of Quality at ImprimisRx, bringing over 25 years of experience.
What achievements does Bridseida Cruz have?
She has led FDA remediation efforts and launched a new FDA-registered compounding facility, improving operational efficiencies significantly.
What is Harrow's mission as a company?
Harrow is committed to delivering safe, effective, and affordable medications to enhance patient compliance and improve clinical outcomes in ophthalmic care.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$HROW Insider Trading Activity
$HROW insiders have traded $HROW stock on the open market 6 times in the past 6 months. Of those trades, 0 have been purchases and 6 have been sales.
Here’s a breakdown of recent trading of $HROW stock by insiders over the last 6 months:
- MANAGEMENT INC. OPALEYE has made 0 purchases and 6 sales selling 50,000 shares for an estimated $1,459,754.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$HROW Hedge Fund Activity
We have seen 90 institutional investors add shares of $HROW stock to their portfolio, and 69 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- CITADEL ADVISORS LLC added 394,402 shares (+143.8%) to their portfolio in Q2 2025, for an estimated $12,045,037
- VOYA INVESTMENT MANAGEMENT LLC removed 372,844 shares (-97.7%) from their portfolio in Q2 2025, for an estimated $11,386,655
- D. E. SHAW & CO., INC. removed 260,005 shares (-55.5%) from their portfolio in Q2 2025, for an estimated $7,940,552
- ROYCE & ASSOCIATES LP added 226,597 shares (+69.3%) to their portfolio in Q2 2025, for an estimated $6,920,272
- DIAMETRIC CAPITAL, LP added 155,465 shares (+inf%) to their portfolio in Q2 2025, for an estimated $4,747,901
- BANK OF AMERICA CORP /DE/ added 155,258 shares (+266.8%) to their portfolio in Q2 2025, for an estimated $4,741,579
- DIMENSIONAL FUND ADVISORS LP added 153,313 shares (+inf%) to their portfolio in Q2 2025, for an estimated $4,682,179
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$HROW Analyst Ratings
Wall Street analysts have issued reports on $HROW in the last several months. We have seen 6 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- B. Riley Securities issued a "Buy" rating on 10/01/2025
- BTIG issued a "Buy" rating on 09/29/2025
- HC Wainwright & Co. issued a "Buy" rating on 09/29/2025
- Lake Street issued a "Buy" rating on 09/29/2025
- Cantor Fitzgerald issued a "Overweight" rating on 07/11/2025
- William Blair issued a "Outperform" rating on 06/10/2025
To track analyst ratings and price targets for $HROW, check out Quiver Quantitative's $HROW forecast page.
$HROW Price Targets
Multiple analysts have issued price targets for $HROW recently. We have seen 6 analysts offer price targets for $HROW in the last 6 months, with a median target of $67.0.
Here are some recent targets:
- Mayank Mamtani from B. Riley Securities set a target price of $74.0 on 10/01/2025
- Thomas Flaten from Lake Street set a target price of $70.0 on 09/29/2025
- Thomas Shrader from BTIG set a target price of $63.0 on 09/29/2025
- Yi Chen from HC Wainwright & Co. set a target price of $64.0 on 09/29/2025
- Chase Knickerbocker from Craig-Hallum set a target price of $64.0 on 09/23/2025
- Steve Seedhouse from Cantor Fitzgerald set a target price of $76.0 on 07/11/2025
Full Release
Frank Mullery Appointed Chief Executive Officer of ImprimisRx
Bridseida Cruz Appointed Head of Quality of ImprimisRx
NASHVILLE, Tenn., Oct. 06, 2025 (GLOBE NEWSWIRE) -- Harrow (Nasdaq: HROW), a leading provider of ophthalmic disease management solutions in North America, today announced leadership changes at its wholly-owned subsidiary, ImprimisRx. Frank Mullery has been appointed as Chief Executive Officer and Bridseida Cruz has been appointed as Head of Quality of ImprimisRx.
Mr. Mullery is a senior executive with over 20 years of leadership experience in the healthcare and pharmaceutical industries. Throughout his career, he has built and scaled businesses, launched market-shaping products, and driven transformative growth. Most recently, he served as President of Sintetica US, where he spearheaded the creation of the company’s U.S. subsidiary – taking it from concept to full commercialization, while successfully launching its first five sterile injectable products. Previously, he served as President and Chief Commercial Officer of STI Pharma, where he oversaw all company operations, revitalized its strategy with a five-year growth plan, and launched several sterile injectable products. Prior to STI, he spent more than seven years at Mylan, culminating in his role as President of Mylan Institutional, where he established Mylan Institutional as a key player in the U.S. sterile injectable market. Under his leadership, revenues grew to more than $1 billion in 2018, launched its first U.S. biosimilar (Fulphila), introduced over 20 sterile injectable products in a single year, and established strong relationships with key customers. Mr. Mullery also held senior finance leadership roles at Mylan, including CFO of North America and CFO of Mylan Pharmaceuticals Inc., where he helped guide the company’s flagship generics division. He holds an Executive MBA from Villanova University and a bachelor’s degree in Accounting from King’s College.
Ms. Cruz is an executive with over 25 years of experience leading quality and operations in 503B outsourcing, pharmaceutical, and medical device organizations. Trusted by CEOs and pharmacy boards across the United States, she is known for driving FDA remediation, ensuring compliance sustainability, and building high-performing teams. Her notable achievements include leading FDA Warning Letter and regulatory observation remediation plans, which reduced regulatory risks and drove significant operational cost efficiencies. She has also successfully commissioned and launched a new FDA-registered compounding facility, improving operational throughput by 20% through process improvements and championing a quality culture transformation that resulted in zero critical FDA observations when inspected. Cruz holds an MBA in Business Management and a B.S. in Industrial Engineering. She is also a Lean Six Sigma Green Belt and a Certified Quality Lead Auditor.
“I am honored to have Frank and Bridseida join ImprimisRx in these senior leadership roles,” said Mark L. Baum, Harrow’s Chairman and Chief Executive Officer. “At our recent Investor & Analyst Day, I described my vision for Harrow to be the next great U.S. ophthalmic company. Fulfilling the unmet needs of U.S. eyecare professionals is a critical part of this vision, and ImprimisRx, a trusted national leader in ophthalmic compounding, has become the gold standard innovator – making an array of critical, affordable medicines that have benefitted millions of Americans over the past ten years. I am excited to see Frank and Bridseida carry the torch and lead our incredible ImprimisRx team into its next exciting operational phase.”
About Harrow
Harrow, Inc. (Nasdaq: HROW) is a leading provider of ophthalmic disease management solutions in North America, offering a comprehensive portfolio of products that address conditions affecting both the front and back of the eye, such as dry eye disease, wet (or neovascular) age-related macular degeneration, cataracts, refractive errors, glaucoma and a range of other ocular surface conditions and retina diseases. Harrow was founded with a commitment to deliver safe, effective, accessible, and affordable medications that enhance patient compliance and improve clinical outcomes. For more information about Harrow, please visit harrow.com .
Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Any statements in this release that are not historical facts may be considered such “forward-looking statements.” Forward-looking statements are based on management’s current expectations and are subject to risks and uncertainties which may cause results to differ materially and adversely from the statements contained herein. Some of the potential risks and uncertainties that could cause actual results to differ from those predicted include, among others, risks related to: liquidity or results of operations; our ability to successfully implement our business plan, develop and commercialize our products, product candidates and proprietary formulations in a timely manner or at all, identify and acquire additional products, manage our pharmacy operations, service our debt, obtain financing necessary to operate our business, recruit and retain qualified personnel, manage any growth we may experience and successfully realize the benefits of our previous acquisitions and any other acquisitions and collaborative arrangements we may pursue; competition from pharmaceutical companies, outsourcing facilities and pharmacies; general economic and business conditions, including inflation and supply chain challenges; regulatory and legal risks, including litigation matters, and other uncertainties related to our pharmacy operations and the pharmacy and pharmaceutical business in general; physician interest in and market acceptance of our current and any future formulations and compounding pharmacies generally. These and additional risks and uncertainties are more fully described in Harrow’s filings with the Securities and Exchange Commission (SEC), including its Annual Report on Form 10-K for the year ended December 31, 2024, subsequent Quarterly Reports on Form 10-Q, and other filings with the SEC. Such documents may be read free of charge on the SEC’s web site at sec.gov . Undue reliance should not be placed on forward-looking statements, which speak only as of the date they are made. Except as required by law, Harrow undertakes no obligation to update any forward-looking statements to reflect new information, events, or circumstances after the date they are made, or to reflect the occurrence of unanticipated events.
Contact:
Mike Biega
Vice President of Investor Relations and Communications
[email protected]
617-913-8890