Sunday, August 13, 2006

BMS - Dolan has "full and complete confidence of the board"

James Robinson, BMS's chairman, has said that CEO Peter Dolan has the company's unwavering support.

"Peter has done a superb job in turning around the company, from developing a new management team, to a pipeline considered to be one of the best in the industry, to the recent approvals which bring innovative new medicines to patients in need," Robinson said in a statement the company released Friday.

" He has the full and complete confidence of the board."

Oh dear. Insider didn't realise things were that bad!

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