Early Life
Moshe "Mori" Arkin was born in Ramat Gan in 1952 or 1953. His parents, Ziama and Luba Arkin, immigrated to Israel from Russia in 1932 and opened a pharmacy. In 1972, Mori's father, Ziama Arkin passed away, at which point Mori assumed management of the family business.
Rise to Success
Arkin's career in the pharmaceutical industry began with Agis Industries, an Israeli pharmaceutical importer founded by his father. Under his guidance, Agis expanded into a generic pharmaceutical manufacturer. A pivotal moment came in 2005, when Arkin sold Agis to Perrigo for $390 million, realizing significant returns. Following the sale of Agis, Arkin founded Arkin Holdings, a pharmaceutical company, and also co-founded the Accelmed Fund.
Key Business Strategies
Arkin's success can be attributed to his strategic business acumen in transforming Agis Industries into a major player in the generic pharmaceuticals market. He made key decisions like selling Agis and later, investing in medical startups through Arkin Holdings. These strategies, along with his co-founding of Accelmed Fund, have enabled him to navigate the healthcare sector effectively.
Philanthropy
Mori Arkin, along with his wife Doris, is involved in various philanthropic ventures in Israel. In 2011, they formed the Arkin Family Foundation, which supports organizations and projects in education, arts and culture, welfare, healthcare, civil rights, and Jewish-Arab coexistence.
