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...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 there's no reason for Novartis to do so until the price is right...
...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. But while Vasella has taken aim at larger markets, he has ensured that more specialized products, such as ophthalmologic drugs, are not neglected. If there is enough...
...produced more than a trophy. He may well have established a new business model that could rescue pro soccer in Brazil, the cradle of superstars like Pelé and Ronaldinho--which has been sinking under corruption, violence, archaic management and a hemorrhaging of talent to Europe and Asia. "You pick a company because you believe it's undervalued," Joorabchian told TIME. "We believe Brazilian football as a whole is undervalued...
...period.Following a roughing penalty later in the first period, Union’s Jason Walters sat in the penalty box and looked on as freshman defenseman Chris Huxley took advantage of the power play and scored his first collegiate goal. But in the second period, the defense had to pick up the slack, as the Crimson lost its momentum due to a series of penalties that disrupted the offensive rhythm. Playing a man down twice in the second, the team focused on defending the net. “That’s something we’re going to address...
...linebacker Matthew Thomas said.The lack of experience at running back might have had a big effect on Penn’s passing game. The two Quakers quarterbacks combined to go 14-for-35 for just 125 yards and an interception.“The toughest part for me was picking up blitzes today,” DiMaggio said. “Personally, that gave me some confusion. They just changed a lot of outside linebackers…It wasn’t as easy as I thought it would be.”PENALTY-MATEThe Crimson strengthened its place...