Tag: chief-executive
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Cricket-Golf’s Rio exodus may hit sport’s Olympic prospects – ICC
High-profile withdrawals of male golfers from next month’s Rio Games might damage cricket’s chances of becoming an Olympic sport, fears the International Cricket Council (ICC). Golf’s return to Olympics for the first time since 1904 has been hit by big-name male withdrawals over health concerns triggered by the outbreak of the Zika virus in Brazil.…
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Exclusive: Medivation succumbs to pressure to explore sale – sources
U.S. cancer drug maker Medivation Inc has decided to explore a sale following a $9.3 billion acquisition offer from France's Sanofi SA and interest from other companies, people familiar with the matter said on Monday. Pfizer Inc and Amgen Inc are among the companies that have signed non-disclosure agreements with Medivation, which allow them to…
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Allergan profit beats estimates, share buybacks planned
The Dublin drugmaker on Tuesday said the planned $40 billion sale of its generics business to Teva Pharmaceutical Industries will close next month and that it will use $8 billion of the money to pay down company debt. Since the U.S. government torpedoed the merger, a deal that would have relocated Pfizer's legal domicile to…
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Valeant wants Perrigo’s Papa as its new CEO: CNBC, citing Dow Jones
(Reuters) – Valeant Pharmaceuticals International Inc is seeking to name Perrigo Co Plc's Joseph Papa as its new chief executive, CNBC tweeted, citing Dow Jones.
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Valeant wants Perrigo’s Papa as its new CEO: CNBC, citing Dow Jones
(Reuters) – Valeant Pharmaceuticals International Inc is seeking to name Perrigo Co Plc's Joseph Papa as its new chief executive, CNBC tweeted, citing Dow Jones.
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Countries on verge of beating malaria face new threat, study says
By Sebastien Malo NEW YORK (Thomson Reuters Foundation) – Nations on the verge of eliminating malaria risk falling short of their goal, just as it lies within reach, due to funding being shifted elsewhere, researchers said on Thursday. Global aid has moved to areas where malaria remains widespread, while internal domestic funding gets diverted to…
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Countries on verge of beating malaria face new threat, study says
By Sebastien Malo NEW YORK (Thomson Reuters Foundation) – Nations on the verge of eliminating malaria risk falling short of their goal, just as it lies within reach, due to funding being shifted elsewhere, researchers said on Thursday. Global aid has moved to areas where malaria remains widespread, while internal domestic funding gets diverted to…
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Austalian bank boss says insurer got it wrong on heart attacks
By Peter Gosnell SYDNEY (Reuters) – The head of Australia's largest bank said its insurance business, CommInsure, had used an outdated and discredited definition of a heart attack to deny some claims from clients and he would apologize to any customers adversely affected. “I am saddened and disappointed by the handling of these cases,” Ian…
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Valeant CEO Pearson to return effective immediately, results delayed
By Caroline Humer NEW YORK (Reuters) – Valeant Pharmaceuticals International said on Sunday that Chief Executive Officer Michael Pearson would return from medical leave effective immediately, and it postponed the release of fourth-quarter results planned for Monday. Valeant was under pressure for its drug price increases when it said in late December that Pearson had…