Who are the CEOs of Big Pharma?
A collection of Big Pharma chiefs stay off that list year after year. AstraZeneca’s ($AZN) Pascal Soriot, for instance. GlaxoSmithKline’s ($GSK) Andrew Witty. And this year, both Joe Jimenez of Novartis ($NVS) and Severin Schwan of Roche ($RHHBY) fell several million short of the cutoff.
Who is the holding company for Purdue Pharma?
At one point, the drug accounted for 90 percent of the company’s sales. As part of the plea agreement, Purdue Frederick, a holding company for Purdue Pharma that is also closely held, pleaded guilty to a felony charge of misbranding OxyContin.
How much did OxyContin make for Purdue Pharma?
Between 1995 and 2001, OxyContin brought in $2.8 billion in revenue for Purdue Pharma, a closely held company based in Stamford, Conn. At one point, the drug accounted for 90 percent of the company’s sales.
Who was the CEO of Pfizer in 2014?
Pfizer CEO Ian Read made the biggest headlines last year for trying–and failing–to pull off what would have been the biggest deal of 2014, his proposed $100 billion-plus buyout of AstraZeneca. And Pfizer’s forecast for 2015 is somewhat stormy, what with early Celebrex generics taking a bite out of the top line.
How did Marathon Pharmaceuticals cut down to size?
Outrage from parents of children with muscular dystrophy, combined with harsh criticism from several U.S. senators, forced Marathon to recognize that it had painted itself into a corner. The only exit at hand was to sell the rights to the drug to another company—for $140 million plus 20% of future sales and the potential for a $50 million payment.
How many people are being laid off by Pfizer?
The company announced the program to workers on Tuesday, according to materials obtained by CNBC. The pharmaceutical giant currently employs more than 90,000, according to data compiled by Factset. Pharmaceutical giant Pfizer is offering early retirement to U.S. workers ahead of layoffs early next year, it announced internally to employees.
How is Pfizer going to reorganize its business?
Pfizer announced plans in July to reorganize into three units, separating its consumer health-care business that it had been trying to sell. The head count reduction plan is part of its restructuring, the company told employees in an email obtained by CNBC.
How many people were laid off by Sephora?
Layoffs affected those who had been with the company for a short tenure and worked limited hours, Business Insider reported. In a restructuring announced in July, Sephora laid off an additional 117 workers, but then added 132 positions.