Ketchup And Drugs Have What In Common?

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green-ketchupThe answer is Joe Jimenez. When he was first named to run the Novartis pharmaceutical business in 2007, Jimenez liked to talk about key account management, which is how a packaged-goods company views its relationship with a retailer. That wasn’t terribly surprising, given that he had spent eight years at Heinz, where he oversaw the introduction of green ketchup for kids, among other things.

Somehow, the analogy still stands, in so far as speed is of the essence. Recently promoted to succeed Dan Vasella as the drugmaker’s ceo, Jimenez is still reaching back to his consumer products days for lessons on running Novartis. With consumer packaged goods, “decisions have to be made quickly because the market moves quickly,” he tells Bloomberg News. But drugmakers have long development lead times, which “tends to slow decision-making in areas where it doesn’t need to.”

Hmmm… Just shake and pour?

Hat tip to PharmaGossip

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  1. Yeah, just shake and pour….

    But it doesn’t surprise me…

    Patients should know they are consumers and if they are not happy they can “vote” with their choices….

    Drugs that require 6 hours of fasting or suffer a heart attack are hardly what I would call a “block buster” but hey if he can convince little kids to eat Green Ketchup, maybe that is all it will take - shame on them…

  2. Check out CV’s for Thomas Ebeling and Joe Jimenez at NVS. They’ve gone from a physician-scientist to ketchup, bleach, and soda salesmen to run the company. No wonder this industry is going down the tubes. Go read the bio. of Roy Vagelos, former Merck CEO, and you’ll get the picture.

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