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Astellas Pharma Inc. said Tuesday it will hire former Pfizer Inc. executive Steven Ryder to head a global development center in the U.S. to speed the release of new medicines in its fastest-growing market.

Ryder, who was senior vice president of global research and development at Pfizer, will join Astellas next month as president of Astellas Pharma Global Development Inc. based in Deerfield, Ill., the company said.

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