{"id":6252,"date":"2013-02-18T16:13:00","date_gmt":"2013-02-18T16:13:00","guid":{"rendered":"http:\/\/www.pharma-mkting.com\/novartis-preserves-vasella-in-aspic\/"},"modified":"2019-02-21T01:17:49","modified_gmt":"2019-02-21T01:17:49","slug":"novartis-preserves-vasella-in-aspic","status":"publish","type":"post","link":"http:\/\/ec2-54-175-84-28.compute-1.amazonaws.com\/pharma-mkting.com\/blog\/novartis-preserves-vasella-in-aspic\/","title":{"rendered":"Novartis Preserves Vasella in Aspic"},"content":{"rendered":"<p>Daniel Vasella, chairman and chief executive of Novartis, should not have accepted a $78m payment, according to th Financial Times (<a href=\"http:\/\/www.ft.com\/intl\/cms\/s\/3\/4c268f92-79d6-11e2-9015-00144feabdc0.html#axzz2LGXjapjz\">here<\/a>).<\/p>\n<p>Mr Vasella \u201chas agreed to continue to make available his knowhow to Novartis and to refrain from activities that compete with any business of Novartis for a multiyear period.\u201d That reads like a sweeping gag order, says the FT.<\/p>\n<p>&#8220;The loser, though, is the pharmaceutical industry,&#8221; says FT. &#8220;After 17 years in charge, there is little more he can offer Novartis. His wealth of experience would be better employed advising start-ups and on new drug development. Instead, it will be preserved in aspic inside Novartis.&#8221;<\/p>\n<p>I thought the &#8220;preserved in aspic&#8221; comment deserved a visual rendering:<\/p>\n<div class=\"separator\" style=\"clear: both; text-align: center;\">\n<a href=\"http:\/\/4.bp.blogspot.com\/-oYkvww95YVQ\/USJSKS85DnI\/AAAAAAAAFoc\/Wt6Xc5cUOek\/s1600\/Vasella-in-aspic.jpg\" imageanchor=\"1\" style=\"margin-left: 1em; margin-right: 1em;\"><img loading=\"lazy\" decoding=\"async\" border=\"0\" height=\"350\" src=\"http:\/\/ec2-54-175-84-28.compute-1.amazonaws.com\/pharma-mkting.com\/wp-content\/uploads\/2013\/02\/Vasella-in-aspic.jpg\" width=\"400\" \/><\/a><\/div>\n<p>\nI&#8217;m not sure what the shelf-life of foods preserved in aspic is, but Vasella&#8217;s shelf-life deal runs for 6 years.<\/p>\n<p><b>Update<\/b>: The shelf-life turned out to be less than 1 day! See &#8220;Novartis Board of Directors and Dr. Daniel Vasella agree to cancel the non-compete agreement and all related compensation&#8221; (<a href=\"http:\/\/www.forums.pharma-mkting.com\/forumdisplay.php?f=144\">here<\/a>). The decision, Novartis said, was taken &#8220;to address concerns of stakeholders.&#8221; But I think the image of Vasella preserved in Aspic is what did the deal in. Talk about an image worth a thousand words&#8230; the above image may have been worth $78 million!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Daniel Vasella, chairman and chief executive of Novartis, should not have accepted a $78m payment, according to th Financial Times (here). Mr Vasella \u201chas agreed to continue to make available his knowhow to Novartis and to refrain from activities that compete with any business of Novartis for a multiyear period.\u201d That reads like a sweeping [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":11070,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[12],"tags":[215,610],"topic":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Novartis Preserves Vasella in Aspic - Pharma Marketing Network<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/ec2-54-175-84-28.compute-1.amazonaws.com\/pharma-mkting.com\/blog\/novartis-preserves-vasella-in-aspic\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Novartis Preserves Vasella in Aspic - Pharma Marketing Network\" \/>\n<meta property=\"og:description\" content=\"Daniel Vasella, chairman and chief executive of Novartis, should not have accepted a $78m payment, according to th Financial Times (here). Mr Vasella \u201chas agreed to continue to make available his knowhow to Novartis and to refrain from activities that compete with any business of Novartis for a multiyear period.\u201d That reads like a sweeping [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"http:\/\/ec2-54-175-84-28.compute-1.amazonaws.com\/pharma-mkting.com\/blog\/novartis-preserves-vasella-in-aspic\/\" \/>\n<meta property=\"og:site_name\" content=\"Pharma Marketing Network\" \/>\n<meta property=\"article:published_time\" content=\"2013-02-18T16:13:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-02-21T01:17:49+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/ec2-54-175-84-28.compute-1.amazonaws.com\/pharma-mkting.com\/wp-content\/uploads\/2013\/02\/Vasella-in-aspic.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"400\" \/>\n\t<meta property=\"og:image:height\" content=\"350\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Pharma Guy\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Pharma Guy\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"http:\/\/ec2-54-175-84-28.compute-1.amazonaws.com\/pharma-mkting.com\/blog\/novartis-preserves-vasella-in-aspic\/\",\"url\":\"http:\/\/ec2-54-175-84-28.compute-1.amazonaws.com\/pharma-mkting.com\/blog\/novartis-preserves-vasella-in-aspic\/\",\"name\":\"Novartis Preserves Vasella in Aspic - 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