Novartis AG Fires Senior Executives For Misconduct  
5/11/2011 8:16:14 AM

Novartis (NVS) fired a number of senior executives for misconduct, noting the pharmaceutical giant will not tolerate those who do not uphold certain ethical values.

The Zurich-based company did not specify the reason for the dismissals or disclose how many people were ousted.

Confirming the news on the Pharmalot blog, Novartis CEO Joe Jimenez said the company sometimes has to terminate those who breach the company’s “well-known rules.”