Tag Archives: Novartis

Newsweek reports: Social media users have been reacting to President Donald Trump’s championing of the use of hydroxychloroquine as a treatment for COVID-19, with some referring to a deal struck in 2017 between the pharmaceutical company Novartis, which makes the drug, and the president’s former lawyer Michael Cohen. On Sunday night and Monday morning, Novartis, the Swiss pharmaceutical company that …

CNN Money reports: The top lawyer at Swiss pharmaceutical company Novartis stepped down on Wednesday following revelations that the company made payments to President Donald Trump’s personal attorney Michael Cohen. Novartis (NVS) said its general counsel, Felix Ehrat, had decided to retire from his position in the “context of discussions” surrounding the payments to Cohen. Cohen’s company Essential Consultants had …

CNN Money reports: President Donald Trump will lay out his vision for lowering drug prices in a long-awaited speech on Friday. The president plans to provide a blueprint on how he will make prescription medication more affordable, according to senior administration officials. It will seek to increase competition and improve the negotiation of drug prices, as well as reduce consumers’ …

STAT News reports: The curious relationship between one of the world’s biggest drug makers and President Trump’s personal lawyer began early last year when Michael Cohen, a longtime fixer for the president, reached out to Novartis’s then-chief executive officer Joe Jimenez, promising help gaining access to Trump and influential officials in the new administration, according to an employee inside Novartis …

CNBC reports: Drug giant Novartis paid President Donald Trump’s lawyer Michael Cohen more than $1 million for health-care policy consulting work that he actually ended up being “unable” to do, the company said Wednesday. The company also said it has been questioned by special counsel Robert Mueller’s team about the payments to Cohen. Novartis said it signed a one-year contract …

Reuters reports: Novartis has ended a contract with a U.S. firm linked to U.S. President Donald Trump’s lawyer, Michael Cohen, and has cooperated with a special counsel looking into potential meddling in the 2016 U.S. election, the Swiss drugmaker said. It was responding to remarks by an attorney for porn star Stormy Daniels that Novartis was among companies that made …