Ousted Director Says Novartis Inflated Famvir's Value

Law360 (November 27, 2007, 12:00 AM EST) -- A former director for Novartis Pharmaceuticals Corp. has sued her former employer, charging that she was fired in retaliation for accusing the company of inflating the future value of the prescription anti-viral medication Famvir.

Carol Shull, the former brand director for Famvir, claims in a lawsuit lodged in New Jersey state court that Novartis decided to exaggerate its future worth when senior managers realized that the $1.63 billion the company paid to acquire the drug was too high. She claims that the company fired her in...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.