Senior managers invest $200 million in Baxter:
This article was originally published in Clinica
In a move designed to "align the interests of managers and shareholders", 142 senior managers of the Deerfield, Illinois-based healthcare company have taken out loans averaging $1.4 million each to buy a total of 3.1 million Baxter shares. The investment plan repeats a similar exercise of five years ago and managers only receive the full value of any gains after three years.
You may also be interested in...
Assessment work also isn’t slowing down, the new and generic drug office directors said in an interview, but approval data offers a note of concern.
Abbott is launching a second test to detect COVID-19. The diagnostics giant announced on 27 March the release of a rapid, point-of-care test that can deliver results within five minutes.
President Trump on 27 March finally pulled the trigger on using his powers under the Defense Production Act, forcing General Motors Co. to manufacture medical ventilators. The only thing is, GM is already doing that.