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India to rule on Novartis patent

2013-04-01 03:44:52| BBC News | Business | UK Edition

India's Supreme Court is due to rule on a patent case involving Swiss drug company Novartis, with potential consequences for cheap generic drugs.

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Novartis chairman foregoes $78 million payout

2013-02-19 19:55:58| Biotech - Topix.net

In this Jan. 26, 2010 file photo Daniel Vasella, chairman of the board of Swiss pharmaceutical group Novartis, speaks during the annual results conference in Basel, Switzerland.

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Novartis scraps payment to chairman

2013-02-19 11:37:26| BBC News | Business | UK Edition

Swiss drugs firm Novartis agrees with its departing chairman Daniel Vasella to scrap a scheme that could have paid him 72m Swiss francs over six years.

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Vasella's $78 million Novartis payout boosts 'fat-cat' crackdown

2013-02-18 17:43:29| Biotech - Topix.net

Novartis's $78 million payout to prevent outgoing chairman Daniel Vasella from working for a rival undermines the cause of campaigners fighting to avoid tougher curbs on executive pay in Switzerland.

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Novartis golden handshake angers shareholders, politicians

2013-02-17 16:51:01| Biotech - Topix.net

Vasella will receive the "golden handshake" in tranches of 12 million francs over six years if he respects the non-competition clauses of his contract, triggering criticism across political camps.

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