Pharmaceutical Executive-10-22-2008

Pharmaceutical Executive

Merck Restructures, Eliminates 7,200 Jobs

October 29, 2008

News Analysis

0

0

Industry is cinching its belt, but news that Merck will shed 12 percent of its workforce - many senior and middle management positions - was a bombshell announcement.

Web Registries Get OK to Shut Down Rogue Pharmacies

October 22, 2008

News Analysis

0

0

New legislation gives US-based Web hosting companies the go-ahead to remove shady online pharmacies without a warrant. The new rule makes it harder to market counterfeit drugs, and for consumers to purchase medication without a prescription.

Novartis Trims 550 Sales Positions

October 22, 2008

News Analysis

0

0

Novartis is the latest pharma company to move away from the traditional sales model of blanketing sales reps for one drug across the nation. The company is restructuring its force (and cutting jobs) to focus on a regional sales model.