Novartis CEO Battles Fallout From Data Manipulation

United States News News

Novartis CEO Battles Fallout From Data Manipulation
United States Latest News,United States Headlines
  • 📰 WSJ
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

A data-manipulation episode involving a drug that costs $2.1 million tests an executive who is trying to rebuild trust in the company

Novartis AG Chief Executive Vas Narasimhan has spent part of his 18 months at the helm of the drug giant cleaning up issues that emerged before his watch. Now, he is facing a storm of his own making.

Dr. Narasimhan said on a call with analysts earlier this month that the company kept a data-manipulation issue under wraps while the Food and Drug Administration completed its review of Novartis’s Zolgensma, the world’s most expensive drug. The Swiss company has said it wanted to finish its own review before alerting the FDA,...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

WSJ /  🏆 98. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Cathay Pacific Airways CEO Rupert Hogg resigns as Chinese scrutiny mountsCathay Pacific Airways CEO Rupert Hogg resigns as Chinese scrutiny mountsCathay Pacific Airways CEO Rupert Hogg resigned in a shock move on Fri...
Read more »

GE rebounds after CEO share purchases, Wall Street analysts come to company's defenseGE rebounds after CEO share purchases, Wall Street analysts come to company's defenseGE bounced back Friday after the CEO shored up confidence in buying a bulk of company shares, and analysts defended the industrial giant.
Read more »

Cathay CEO resigns amid Hong Kong protest blowback as more rallies plannedCathay CEO resigns amid Hong Kong protest blowback as more rallies plannedThe boss of Hong Kong carrier Cathay Pacific Airways quit on Friday, the highest...
Read more »

Cathay Pacific CEO resigns after Beijing pressureCathay Pacific CEO resigns after Beijing pressureThe CEO of Cathay Pacific Airways, one of Hong Kong&39;s most prominent companies, resigned Friday following pressure by Beijing on the carrier over participation by some of its employees in anti-government protests. Rupert Hogg became the highest-profile corporate casualty of official Chinese pressure
Read more »

BMW's CEO urges staff to narrow sales gap with MercedesBMW's CEO urges staff to narrow sales gap with MercedesBMW's new chief executive urged employees to embrace change and to find inn...
Read more »



Render Time: 2025-03-06 17:44:31