Novartis AG Chief Executive Officer Vas Narasimhan said the Swiss drugmaker “made a mistake” in signing up lawyer Michael Cohen to give the company insight on President Donald Trump’s health-care plans.
“Yesterday was not a good day for Novartis,” Narasimhan wrote to employees Thursday in a letter reviewed by Bloomberg News. A day earlier, the drug company said it had paid $1.2 million to a firm led by Cohen, who is at the center of a U.S. law enforcement probe, as well as a civil lawsuit related to payments to an exotic dancer.
