Thomas Ebeling, one of two NVS directors on IDIX’s BoD, has switched jobs from head of NVS’ pharma business to head of the consumer-health business. I think it’s fair to say he was demoted. (Source: NVS’ 3Q07 PR, which was issued minutes ago.)
“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”