Word: focusing
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...artis, Latin for "new skills." But he found it much harder to forge a dynamic culture for the merged company. Ciba's approach was almost academic and plagued by indecision. Sandoz had a command-and-control ethos that Vasella felt discouraged initiative. And there was the matter of strategic focus. Both companies were old chemical manufacturers that had sprouted pharmaceutical arms. Vasella knew his company's future was in pharmaceuticals. Sandoz had already divested most of its chemicals business; Ciba would be required to do the same...
...invests 17% of drug sales in pharmaceutical R. and D., or $2 billion annually. Thanks to innovations in technology and management, Novartis carries its drugs through development in only two-thirds the time it takes the average drug company. Its tightly coordinated R.-and-D. and marketing efforts focus on areas, such as cardiovascular diseases, in which treatments are judged to offer the greatest potential for profit. Senior vice president for business development Paul Sekhri, who helped pick these areas by going systematically through some 980 categories of ailments, says Vasella took a keen interest in how they were chosen...
Elleholm thinks Aresa will have a reliable land-mine-detecting thale-cress in about two years and hopes to apply similar biotech to detect larger, unexploded ordnance and eventually to cull antibodies from plants. But first it will focus on land mines. If it succeeds, Aresa will make thale-cress a weed that will be welcomed...
...home win last season in which Housman passed to Harris for the game-winning layup with 0.8 seconds left. “Our relationship is at a great place, and it’s getting better on the court.” Though the pair will be the focus of opposing squads, they and their coach caution against viewing themselves as an inside-outside duo. The big man-little man combinations like Shaq-Wade that have become a generic recipe for success at the NBA level won’t be the model for this team. “It?...
...race for the Democratic presidential nomination, Hillary Clinton has two racers on her heels, and so far they have been working fairly well together. But as Clinton has begun to show signs of flagging, Barack Obama and John Edwards are now facing a difficult choice: continue to focus their attacks on the front-runner or go after each another to become what might be called the un-Hillary...