Tag Archives: plans

Celgene executives whipped up new, lucrative severance plans ahead of Bristol-Myers megadeal

It’s not only Celgene investors who are set for a big payoff with this week’s $ 74 billion sale to Bristol-Myers Squibb. Thanks to brand-new severance agreements inked days ahead of the deal announcement, its top executives could reap hefty gains, too. Under change-in-control severance arrangements that took effect Dec. 17, top Celgene managers would… Read More »

Indivior plans cheaper opioid addiction drug if rivals launch copycats

(Reuters) – Indivior Plc (INDV.L) said on Tuesday it could launch a cheaper version of its blockbuster opioid addiction treatment, Suboxone, if rivals release generic versions of the drug. The British drugmaker is also looking to reduce its dependence on Suboxone, which accounts for about 80 percent of its revenue, by focusing on another opioid… Read More »