Investor Activism, the Park Doctrine and Sales Force Behavior

It is unwise to “bite the hand that feeds you.” In business, this means “keep your investors happy.” This week, Forest Laboratories may be finding this easier said than done. In the wake of felony charges for off-label promotion and the prosecution of CEO Howard Solomon under the Park Doctrine, Forest Labs received a letter Monday from the AFL-CIO, one of [...]

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Ten Years After

“I’d Love to Change the World” is a song (circa 1971) made famous by the band Ten Years After. It’s safe to say the world HAS changed for employees in the Life Sciences industry—particularly in the last ten years. Forbes columnist Matthew Herper has chronicled the last (lost) decade in the drug industry by keeping a [...]

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Standing on the Precipice

A recent NY Times article discussed in detail the most prevalent dilemma facing the pharmaceutical industry right now. 2011 is the year of the “patent cliff”– Big pharma is losing patent exclusivity on drugs that yield $50 Billion in annual revenue. Ouch. It has to be tough being a senior pharma executive. Think about it: the average [...]

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