Dow Jones, May 10, 2011 – Novartis Ousts Several Senior Managers For Misconduct

On Behalf of | May 10, 2011 | News

According to an internal memo cited on the pharma blog Pharmalot, Chief Executive Joe Jimenez said: “We simply won’t tolerate behavior that is inconsistent with our values and societal norms.”

In the memo, Jimenez said Novartis’s code of conduct “is in place so that everyone is treated with respect, and we conduct business in a fair and transparent way.”