Are lawyers about to take over Big Pharma?
Sure looks like a trend . . . first Jeff Kindler became CEO of Pfizer.
Now Merck promoted its general counsel, Kenneth C. Frazier, to the second position of the company. He will be executive vice president and president, Global Human Health.
I think Big Pharma sees Big Problems on the horizon.
And since lots of litigation with billions of dollars are at stake, the general counsel is the guy who get to show his stuff.