Monthly Archives: January 2010

AstraZeneca to Slash 8,000 More Jobs (Updated 2/3/10)

By Oriana Schwindt | Published: January 28, 2010
Last year, AstraZeneca announced the elimination of some 15,000 jobs. Last Thursday, the London-based company revealed that it plans to lay off another 8,000 by 2014—this despite global revenue growth of 4 percent for 2009. Much of the drive for this addition labor sculpting stems from AZ’s desire to streamline its R&D; the company will focus [...]
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Novartis Names Jimenez CEO

By George Koroneos | Published: January 26, 2010
Novartis shocked investors on Tuesday morning when the Swiss-based firm announced that CEO Daniel Vasella would relinquish his post as CEO to Joe Jimenez while retaining his chairman of the board spot. According to a release, this move has been in the works since 2008 and lead to the restructuring of its management team. The executive [...]
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Pharma and Haiti: Can Altruism Backfire?

By Pharm Exec | Published: January 25, 2010
Guest blog by Pharm Exec Europe’s Jacky Law. Pharma companies are responding swiftly to the recent earthquake in Haiti with millions of dollars in cash and drugs. GlaxoSmithKline boasted, for example, that its initial $1.2 million offering of medicines — mainly oral and topical antibiotics — was on the first airlift to the Caribbean island and [...]
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Margaret Hamburg Uncovered

By George Koroneos | Published: January 18, 2010
Judging by the lack of movement on the RSS feeds, most pharma companies gave their employees the day off to celebrate Martin Luther King Day. So, as defacto Pharm Exec photo editor, I thought it might use this quiet time to show off some outtakes from our recent photo shoot with FDA Commissioner Margaret Hamburg, [...]
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Saving Haiti: One Donation at a Time (UPDATED 1/21)

By George Koroneos | Published: January 15, 2010
Image by American Red Cross via Flickr It’s been less than three days since new broke of a massive earthquake in Haiti that all but leveled the struggling country. With thousands dead, a devastated infrastructure, and no emergency plan, countries and businesses around the world have joined in the effort to help the Haitian people with [...]
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