But as if to advertise its success and thumb an unwrinkled nose at the government, in early November Allergan announced plans to build a US$ 12 - billion research facility in New Jersey, a state with
a big pharmaceutical sector hurt by the recession — and home to lots of rich housewives.
Not exact matches
Endo International will buy Par
Pharmaceuticals for $ 8 billion, which will make Endo a
bigger player in the fast - changing generic drug
sector.
With two of its top four holdings having at least doubled so far in 2015, the usual
big - pharma names won't be as important to the SPDR
Pharmaceuticals ETF's future performance as they are for most similar
sector ETFs.
With more than $ 30 million reported in his war chest as of January, Cuomo receives the lion's share of his campaign contributions from much
bigger sectors — like real estate and
pharmaceuticals — than the state's brewing industry.
A possible alternative is to do research in industry but, as in many other developed countries,
big companies in France have been shedding staff in recent years, in the
pharmaceutical sector in particular, Trautmann says.
Within the private
sector, the
pharmaceutical industry is probably the
biggest hirer of neuroscientists with Ph.D. s, said Michy Kelly, a neuroscientist who worked for Wyeth
Pharmaceuticals until it was bought by Pfizer, then continued at Pfizer until her department was shut down.
Despite the different focus of biotech research, the links with
big pharma are obvious, so any
pharmaceutical scientist must be comfortable working across both
sectors.
It will of course depend on how
big a reform agenda Labor wants to develop and which of the competing vested interests it will need or want to take on to really address structural barriers — doctors, hospitals, states, the
pharmaceutical industry, the private health
sector — and whether it's up to a fight against the food and alcohol industries and «nanny state» critics on prevention.