Milan Panić, Date of Birth, Place of Birth

    

Milan Panić

Yugoslav politician

Date of Birth: 20-Dec-1929

Place of Birth: Belgrade, Belgrade District

Profession: businessperson, politician, philanthropist

Nationality: United States

Zodiac Sign: Sagittarius


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About Milan Panić

  • Milan Panic (Serbian Cyrillic: ????? ?????, Serbian pronunciation: [milan pa?nit??]); born 20 December 1929) is a Serbian American former Prime Minister of Yugoslavia, humanitarian, and multimillionaire businessman based in Newport Beach and Pasadena, California.
  • He served as Prime Minister of the Federal Republic of Yugoslavia from 1992 to 1993.
  • During and after his time as Prime Minister, he campaigned for peace and democracy in the Balkan region.
  • He ran for President of Serbia in 1992, ultimately coming in second to Slobodan Miloševic in an election marked by allegations of media and vote tampering by the ruling party.
  • Panic became Prime Minister of Yugoslavia while an American citizen.
  • The legality of retaining US citizenship while accepting this office has been questioned based on a Constitutional prohibition of a US citizen accepting office on behalf of a foreign nation.
  • Panic is the first US citizen to occupy a high-level political position in a foreign country since Golda Meir.Outside of his political and humanitarian activities, Panic built a lengthy career in the pharmaceutical and medical industries.
  • He grew ICN Pharmaceuticals from a small operation in his garage into a global pharmaceutical corporation listed on the New York Stock Exchange, with over $672 million in annual sales across 90 countries at its peak.
  • After retiring from ICN, he spun off an ICN subsidiary and renamed it MP Biomedicals.
  • The company is a global producer of life science and diagnostic products, with operations in North America, Asia, Australia, and Europe.
  • In October 2015, Panic announced the pending sale of MP Biomedicals to a Chinese chemical company, Valiant Fine Chemicals Co., Ltd.Panic pursues philanthropy personally and through his Milan Panic Jr.
  • Foundation, as well as MP Global Enterprises & Associates, LLC.
  • As part of his philanthropic efforts, he has sponsored scholarships at the MIT-Harvard Medical School Program and lectured on peacebuilding at George Washington University and University of Southern California.
  • He is also a member of the President's cabinet at Chapman University, Vice Chairman and sponsor of the Los Angeles Opera, and frequent sponsor of California cultural institutions and charities.

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