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Leadership & People 2004
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Cardinal slashes jobs in restructuring
Drug distribution and pharmaceutical technology firm Cardinal Health has added detail to its previously announced restructuring initiative with the news that it plans to cut 4,200 jobs and close 25 facilities around the world.
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Merck raises staff cuts to 5,100
Merck & Co, still reeling from the impact of pulling its painkiller Vioxx (rofecoxib) from the market, is to slash its staff by 5,100 positions in a bid to save hundreds of millions of dollars by the end of the year.
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People on the move
Dow Chemical?s president and chief operating officer Andrew Liveris has been appointed chief executive of the company, replacing William Stavropoulos who remains chairman. Liveris joined Dow in 1976 and has served in manufacturing, sales, marketing, new business development and management positions.
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Breaking through the glass ceiling
Boardrooms have traditionally been male dominated but the tide is slowly starting to change with the fairer sex making strong progress in the pharma industry.
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Pharma reps calling it quits in record numbers
According to a recent study by Hay Group, an organizational and human resources consulting firm, pharmaceutical and biotech sales reps left their jobs in record-setting numbers last year.
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Rexam chief canned after 5 months
Rexam, which makes pharmaceutical packaging and is also the world?s largest manufacturer of aluminium cans, has sacked chief executive Stefan Angwald after just five months on the job.
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Developing people developing drugs
What distinguishes pharma research and development from other high-tech industries? It is an oddity of pharma research R&D that, despite it being very high-tech, it is extremely labour-intensive. - By Les Rose
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It's war (and healthcare costs) between Bush and Kerry
The future of America's healthcare system and the high price of prescription medicines remain two of the key issues for the country's voters as the presidential election enters its final stages. The latest opinion polls put President Bush six points ahead of Senator John Kerry, with just weeks to go before election day on 2 November, but so-called 'swing States' could still provide an upset.
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Industry thought leaders critical to marketing success
According to a recent report from Cutting Edge Information (www.CuttingEdgeInfo.com), pharmaceutical companies have increased investments in medical liaison programs over the last decade to create a crucial link with industry thought leaders. Medical science liaisons (MSLs), while able to effectively communicate with key influencing physicians, also play a crucial role in communicating with brand teams.
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Execs excuses getting more creative
More and more corporate execs are coming up with imaginative, irrelevant or just plain ridiculous excuses for disappointing earnings reports. Call it the dog-ate-my-homework syndrome.
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Awards Night for the Pharmaceutical Industry
Aventis, Novartis, and Pfizer grabbed the spotlight as the pharmaceutical industry patted itself on the back at the Third Annual Pharmaceutical Achievement Awards held Sunday evening.
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Jobs 'endangered' by animal activists
The reality of the violence of some UK animal activists became apparent after GlaxoSmithKline (GSK), Europes?s biggest drug maker, warned that investment and jobs would be driven out of the country by their actions.
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Knowledge worker productivity ? a important new management trend
According to a recent report from Accenture, measuring and improving the performance of information and knowledge workers is becoming top priority for many business leaders. With a focus among high-performance businesses on creating decision-making structures and processes to quickly transform insights into productive action, the group said the concerns over the efficiency of information workers makes sense.
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Alcon's Sear to retire as president/CEO
Alcon, Inc. the world's largest eye-care products maker, said on Monday that Chairman, President and Chief Executive Officer Tim Sear will retire as president and chief executive effective Oct. 1.
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Bayer Says It Will Reduce Number of Cuts
Drug and chemical maker Bayer AG will reduce the number of job cuts planned for this year and next to 3,000 instead of 4,000, the company said Monday.
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Increasing the ROI of Pharma Sales Training
Productivity gains are being hailed as the new elixir in the American economy, but how can measurable productivity gains be realized within your far flung, self-managed and remote pharmaceutical sales force?
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Knowledge Worker Productivity a new trend
According to a recent report from Accenture, measuring and improving the performance of information and knowledge workers is becoming top priority for many business leaders. With a focus among high-performance businesses on creating decision-making structures and processes to quickly transform insights into productive action, the group said the concerns over the efficiency of information workers makes sense.
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Bone Care names pharma industry veteran new chairman
Middleton-based pharmaceutical firm Bone Care International Inc. today announced that Herbert J. Conrad has been appointed chairman of its board of directors, succeeding founder Richard B. Mazess, who will remain on the board.
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NOBEX Announces Personnel Changes to Support Drug Pipeline Advancements
NOBEX, a drug development company specializing in drug delivery, announced today that Russell M. Savre has recently accepted the position of Vice President of Finance and Administration.
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Bradley Pharmaceuticals Adds Three Executives
Bradley Pharmaceuticals, Inc., today announced the addition of three experienced executives: John Knoop, Executive Vice President, General Manager of the Kenwood Therapeutics division; Sarita Felder, Vice President, Creative Services of Bradley Pharmaceuticals; and Robert Jones, Director of Sales, Kenwood Therapeutics.
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J&J President, Vice Chairman Retiring
After 28 years with health-care giant Johnson & Johnson, president and vice chairman James T. Lenehan is retiring.
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Company talent being turned off by bad management
Firms need to get to grips with talent management, suggests a new survey, as a majority of high achievers admit to having their talent quashed by bad managers forcing them to leave.
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