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Jimenez joined Novartis in 2007 as Division Head of Novartis Pharmaceutical and was named CEO in 2010 by his predecessor and Chairman Daniel Vasella.. During his time at Novartis, Jimenez increasingly applied standard business metrics to pharma cash flow, purchasing and competitive bidding, confident that his experience in consumer goods would help to realize improvements in Novartis' operations.
Pfizer: Off-label promotion of Bextra, Geodon, Zyvox and Lyrica, September 2009. In what was the largest pharmaceutical settlement in U.S. history at the time, Pfizer reached a $2.3 billion settlement with the Department of Justice to resolve criminal charges and civil claims under the False Claims Act.
Vasant "Vas" Narasimhan (born August 26, 1976) is an American physician and the chief executive officer of Novartis. [1] [2] [3] [4] He succeeded Joseph Jimenez who ...
Tom Roberts was laid off in April 2009, six weeks after he told his supervisor that he needed to have brain surgery. Paying the bills with a now-exhausted balance of vacation and sick days ...
Only yesterday, Swiss drug company Novartis AG (NVS) announced it agreed to acquire the specialty generic injectables business of Austrian Ebewe Pharma for $1.2 billion in cash, grabbing two ...
By Joseph Grenny, co-author of "Crucial Conversations" As the economy continues to take a downturn, more and more American jobs are at risk. But with all the cutbacks, what's the likelihood that ...
Novartis AG is a Swiss multinational pharmaceutical corporation based in Basel, Switzerland. Consistently ranked in the global top five, Novartis is one of the largest pharmaceutical companies in the world and was the fourth largest by revenue in 2022. [ 4][ 5] Novartis manufactures the drugs clozapine (Clozaril), diclofenac (Voltaren; sold to ...
Chief executive officers who cut the most jobs during the recession earned significantly more than their peers, according to a study released Wednesday by the Institute for Policy Studies. The ...