Laboratorios Sued founder Jaime Francisco Sued Pichardo dies at 87

Jaime Francisco Sued Pichardo, the visionary founder of Laboratorios Sued and Fargoza, SRL, passed away at the age of 87. His death was confirmed by the pharmaceutical company, which expressed profound sorrow over the loss of "Don Jaime," as he was affectionately known.

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With deep regret, we announce the passing of Don Jaime. Today we say goodbye to a man whose vision, dedication, and values left an indelible mark on our company and on all who had the opportunity to know him.

In a statement shared on Instagram, the company acknowledged Sued Pichardo's "vision, dedication, and values" that left an "indelible mark." In his honor, Laboratorios Sued announced that its facilities would remain closed on Wednesday, August 12.

Beyond his pharmaceutical endeavors, Sued Pichardo was a significant figure in the Dominican business landscape. He served as a shareholder for over three decades at Grupo BHD and was a member of its Board of Directors and its Appointments and Remunerations Committee. The Banco BHD extended its condolences, recognizing his "valuable mark on Dominican business history" and his role as a "pioneer of the Dominican pharmaceutical industry."

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Jaime leaves a valuable mark on Dominican business history and on BHD's institutional life, as a visionary, entrepreneur, and committed man. He was a pioneer of the Dominican pharmaceutical industry and founder of Laboratorios Sued.

His contributions were further acknowledged on July 21 when the Senate of the Dominican Republic honored Sued Pichardo for his distinguished business career and impact on the nation's pharmaceutical sector. The Senate resolution highlighted his role as a visionary entrepreneur committed to economic development, national production, and public health. Founded in 1970, Laboratorios Sued S.A. was one of the country's first pharmaceutical manufacturing plants.

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a visionary entrepreneur and pioneer of the pharmaceutical industry, whose career contributed to the well-being of the Dominican people through the production of medicines and job creation.