Word: ceo
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...Coartem. Developed in 1994, the pill combines artemisinin, a compound derived from a wormwood plant, with lumefantrine, designed by Chinese scientists, which does not kill parasites as quickly but lingers in the blood longer to help prevent resistance. That Coartem was even discovered is remarkable, says Chris Hentschel, CEO of one of Novartis' partners, the Geneva-based nonprofit Medicines for Malaria Venture. "Historically, all the malaria drugs developed were for prevention - that is, drugs for wealthy people going on vacation," Hentschel says. "A cure is for the common good...
Almost from the get-go, however, Coartem's high $2.40-a-dose price tag was criticized by public-health officials and activists. Dr. Daniel Vasella, CEO of Novartis, says the company realized it was pointless to try to sell a medication to people who couldn't afford it. So in 2001 the company signed an agreement with the World Health Organization to bring the price down to $1 per dose, or just about the cost of making it. Then the drugmaker went one step further, slashing that price again, to 80 cents - in other words, taking a 20% loss. Meanwhile...
...might think that this kind of entertainment would have died with Lehman Brothers. But as the U.S. economy sank this winter, Bravo's series scored their highest ratings ever. As the parade of CEO hearings--slash--public shamings on Capitol Hill has shown, and Bravo underscores, the wealthy may not be universally loved, but they're America's favorite spectacle...
Auret Van Heerden, president and CEO of FLA, said that he supported “universities sending a very strong message of disapproval to Russell,” but cautioned against full disengagement with Russell...
...said. Following the demise of various record stores in Cambridge—including Harvard Square retailers HMV in 2003 and Tower Records in 2006—Weirdo’s entrance stands in contrast to the downward trend that has plagued music stores in past years. Duncan H. Browne, CEO of Newbury Comics, which has a branch on JFK St., said he remembers when Harvard Square used to be densely populated with music stores. “Now it’s a veritable desert,” Browne said. Local record store owners attributed the decline to the economic...