A Leak!! Jeremy Levin Irked Teva Directors With Polygraph Tests

This reportedly occurred amid a simmering dispute over the extent to which the board was involved in day-to-day affairs. Levin, by the way, was not a board member. Now, though, a new report suggests the level of enmity ran deeper. Six months ago, Levin demanded an investigation into leaks that he apparently believed were emanating from the board room and hired a firm to conduct polygraph tests of each Teva director, according to Globes. They were also questioned about their telephone conversations. Every candidate who was considered a potential successor to Frost was required to participate. The probe put Teva directors on the spot. If they declined to cooperate, they could be considered suspects, according to Israel’s Channel 2. At the end of the day, the leaker was discovered, according to Globes, although no further information was available. A Teva spokeswoman tells the paper that his departure was “carried out with the agreement of the parties. Any other speculation is untrue.” But the drugmaker did not deny that such an investigation took place. Clearly, the move raised tensions, although they most likely already ran high, given that an investigation was considered the thing to do. The episode underscores the difficulties that Teva may have in hiring a replacement for Levin, who arrived from Bristol-Myers Squibb less than two years ago with a desirable big pharma pedigree, but did not have experience in the freewheeling Israeli culture where institutional leaks ar...
Source: Pharmalot - Category: Pharma Commentators Authors: Source Type: blogs