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Novartis' CEO Vasella, and Dr Fishman who heads the global research labs in Cambridge, Massachusetts, are redoing the way the company develops drugs and runs the company. Senior leaders are now medically trained scientists, and Novartis has shed much of the old marketing and sales staff. Drug discovery focusses on Dr. Fishman's approach to go after common molecular pathways and develop medicines for diseases that may be rare, but reveal the knowledge behind addressing all diseases that have that common underlying molecular pathway as the source of the diseases functioning.
Grouped Articles
Novartis Chairman Stresses Need for R&D Investment
Wall Street Journal 03/22/2014
Wall Street Journal 12/11/2007
Wall Street Journal 12/17/2007
BusinessWeek 05/08/2008
CEO Gambles on a Novartis Makeover
Wall Street Journal 05/20/2008
BusinessWeek 09/04/2008
Grouped Articles
Splitting the Pill at Novartis Will Be Easier Said Than Done
Wall Street Journal 11/18/2013
Novartis Starts $5 Billion Share Buyback
Wall Street Journal 11/22/2013
Wall Street Journal 12/11/2007
Novartis to Focus on Influence Insurers Wield Over Doctors
Wall Street Journal 12/14/2007
CEO Gambles on a Novartis Makeover
Wall Street Journal 05/20/2008
Wall Street Journal 10/21/2008
Working with smaller R&D budgets and focussing the research on a few areas, collaboration with universities, and other ways to get more out of the R&D dollar.
Linked Articles
Pfizer Profit Declines 19% After Loss of Lipitor Patent
New York Times 05/01/2012
Novartis: Radically Remaking Its Drug Business
BusinessWeek 06/11/2009
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