Horizon Pharma Raises CEO Walbert – s Pay 10-Fold to $93 #pharmaceutical #firms

Posted On Nov 11 2016 by

#horizon pharma # Horizon Pharma Raises CEO Walbert’s Pay 10-Fold to $93.4 Million Horizon Pharma Plc gave Chief Executive Officer Timothy Walbert a $93.4 million pay package for 2015, a 10-fold increase from the previous year as the company came under scrutiny for its distribution practices. Walbert received stock options valued at $47.4 million and $43.5 million in restricted shares, according to a preliminary proxy filed Tuesday. The options and about a quarter of the shares will vest over four years, with the remaining stock vesting in 2018 if the firm meets performance targets. His pay package for 2014 was …


In Guilty Plea, OxyContin Maker to Pay $600 Million #astellas #pharma #europe

Posted On Nov 10 2016 by

#purdue pharmaceutical # The New York Times In Guilty Plea, OxyContin Maker to Pay $600 Million From left, Howard R. Udell, the top lawyer for Purdue Pharma; Dr. Paul D. Goldenheim, the company s former medical director; and Michael Friedman, Purdue s president. Photographs by Don Petersen for The New York Times May 10, 2007 ABINGDON, Va. May 10 — The company that makes the narcotic painkiller OxyContin and three current and former executives pleaded guilty today in federal court here to criminal charges that they misled regulators, doctors and patients about the drug’s risk of addiction and its potential …


Medical Sales: Massive Pay Gap Between Pharma and Biotech Sales Reps #pharma #websites

Posted On Nov 9 2016 by

#medical sales # There’s a Massive Pay Gap Between Pharma and Biotech Sales Reps Being a medical sales rep is a pretty sweet gig, salary-wise. But a new survey highlights huge pay gaps between different types of health product marketers, with biotech dominating the compensation game. Pharmaceutical sales representatives earn the lowest average total compensation among all medical sales people, according to a MedReps.com survey of nearly 3,300 active medical sales employees. A lot of that has to do with commissions and bonuses—while pharmaceutical marketers earned the fourth largest average base salary out of the nine surveyed sectors, their bonuses …


Medical Sales: Massive Pay Gap Between Pharma and Biotech Sales Reps #top #pharmaceutical #companies

Posted On Oct 30 2016 by

#medical sales # There’s a Massive Pay Gap Between Pharma and Biotech Sales Reps Being a medical sales rep is a pretty sweet gig, salary-wise. But a new survey highlights huge pay gaps between different types of health product marketers, with biotech dominating the compensation game. Pharmaceutical sales representatives earn the lowest average total compensation among all medical sales people, according to a MedReps.com survey of nearly 3,300 active medical sales employees. A lot of that has to do with commissions and bonuses—while pharmaceutical marketers earned the fourth largest average base salary out of the nine surveyed sectors, their bonuses …


Horizon Pharma Raises CEO Walbert – s Pay 10-Fold to $93

Posted On Sep 16 2016 by

#horizon pharma # Horizon Pharma Raises CEO Walbert’s Pay 10-Fold to $93.4 Million Horizon Pharma Plc gave Chief Executive Officer Timothy Walbert a $93.4 million pay package for 2015, a 10-fold increase from the previous year as the company came under scrutiny for its distribution practices. Walbert received stock options valued at $47.4 million and $43.5 million in restricted shares, according to a preliminary proxy filed Tuesday. The options and about a quarter of the shares will vest over four years, with the remaining stock vesting in 2018 if the firm meets performance targets. His pay package for 2014 was …