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Novartis has since fashioned itself as a health-care company, but its core business, which generated 63% of group sales last year, is branded pharmaceuticals, led by brands such as Diovan and Sandimmun. Vasella leaves the other units--including generic drugs, animal health, Gerber, the eye-care unit CIBA Vision and over-the-counter medicines--in the hands of trusted lieutenants. Novartis announced earlier this year that it will divest the unit that makes foods such as Ovaltine. Some analysts say Novartis could pick up its growth if it got rid of more of its noncore businesses. But Vasella argues...

Author: /time Magazine | Title: Drug Lord | 11/13/2007 | See Source »

Vasella keeps a keen eye on his cherished drug business from an elegant second-floor office in the old Sandoz headquarters. On a counter behind his black leather chair are a pair of ancient Egyptian vases, a sword from the Han dynasty and a large blue-green bust of Buddha from the Tang dynasty. An avid collector of Oriental art, he recently bought a 13th century Tibetan statue of Buddha made of gilded bronze, which he keeps at his home in Zug. "I talk to him sometimes," says Vasella, "and I say, 'You know, I like you better than Jesus...

Author: /time Magazine | Title: Drug Lord | 11/13/2007 | See Source »

...scrubby flatland outside Copenhagen Airport, Jarne Elleholm and Carsten Meier are watching green foliage turn red. This is no autumn leaf-peeping exercise. Rather, they're keeping an eye on a swath of weeds they're growing that should turn red in the proximity of land mines. If the weeds change hues as designed, Elleholm and Meier could save thousands of lives and limbs...

Author: /time Magazine | Title: JARNE ELLEHOLM: Saving Lives And Limbs With a Weed | 11/13/2007 | See Source »

...and/or Princeton.6. BROWNJust a few key facts about the Bears: reigning Ivy Coach of the Year Craig Robinson is presidential candidate Barack Obama’s brother-in-law. Brown is led by the guard tandem of Mark McAndrew, the leading scorer in Ivy games last season, and dead-eye shooter Damon Huffman, who is balding.7. PRINCETONThe mighty have fallen in Jersey—Harvard came oh-so-close to toppling the Tigers in Princeton last season. Sydney Johnson was installed to be the leader of the turnaround, which starts with a return to the bottom of the Ivy ranks...

Author: By Jonathan Lehman, CRIMSON STAFF WRITER | Title: BASKETBALL '07: IN LEHMAN'S TERMS: Around the Ivies | 11/13/2007 | See Source »

...stay up late at night worrying about having too many Nobel Prize winners at our next kegger.) Other advice is simply useless, such as “Don’t Take Up Golf.” Watson does occasionally hit the mark, but his pronouncements mostly induce eye-rolling and a fervent desire to know why a man who has done so much in his life could not come up with more lessons that are actually useful...

Author: By Edward F. Coleman, CONTRIBUTING WRITER | Title: Watson Pretentious and Uninspiring | 11/9/2007 | See Source »

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