The second phase is developing the strategy, creating the organizational structure to support that strategy, getting the right people in the right roles, then putting the intra- and inter-organizational processes in place to be able to implement the strategy.

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Also today, Trius Therapeutics (TSRX) said a phase 3 trial of its tedizolid phosphate treatment for bacterial skin and skin structure infections met its primary endpoint.

FORBES: Pharma News: PDL, Trius, Alexza

"Under their new professional structure and leadership team Cricket Ireland has embarked on an exciting strategic development phase and set high performance standards for all national teams and for the development of the sport as a whole, " he said.

BBC: Irish cricket obtains new sponsor