TITLE

Novartis scales down sales force

PUB. DATE
December 2007
SOURCE
Pharmaceutical Representative;Dec2007, Vol. 37 Issue 12, p10
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the move of Novartis AG to reduce its U.S. pharmaceuticals organization. The plan was initiated following the suspension of Zelnorm in March 2007, as well as the rise of generic competition for its Lotrel, Lamisil, Famvir brands. A total of 1,260 positions will be eliminated, including 240 from the headquarters in East Hanover, New Jersey, 510 Novartis representatives and 510 third-party representatives. According to the firm, the cut saves about $230 million in 2008.
ACCESSION #
27795311

 

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