My guess is that they all voted yea, signed on the acquisition to purchase the Medicines Company for Leqvio all the way to the top, Vas too (M. Ex lot the fuse n ran). so they are all tied to this debacle.
they admit failure, they all go. So they are in bunker mode n know the clock is ticking.
It’s us Vs them… they are currently inflicting pain right now if you have not noticed. It’s all they have left. We can wait them out.
Wall Street doesn’t even know how operationally deficient particularly the CV unit is, nor what a catastrophe Leqvio is… they sold wall street a $#, will hide w massive Entresto sales and their $1.5B in cost cutting, and divestment of other units (sandoz, Alcon)… the the balance sheet on debt looks ok’ish to the stree, but it’s all shifting of $ and a lie. House of cards.
Typical for here.
FYI…. I’m shorting NVS n gonna get a nice payout.