Novartis, Vasella Cancel Non-Compete, $78M Pay Deal

REPLAY VIDEO
Your next video will start in
Pause

Recommended Videos

  • Info

  • Comments

Feb. 19 (Bloomberg) -- Bloomberg's Caroline Hyde reports that Novartis AG announced an agreement between its board and its outgoing chairman, Daniel Vasella, to cancel a payment of a maximum of $78 million over six years to keep him from working for rival drugmakers. She speaks on Bloomberg Television's "Countdown."

Advertisement

BTV Channel Finder

Channel_finder_loader

ZIP is required for U.S. locations

Bloomberg Television in   change