Quote:
Originally Posted by whell
FYI - 8 of the 15 major players in the pharma industry are US - based. The others are in the UK, France, Switzerland, Germany and Japan. I think Phizer, based in NJ, is still the worlds largest phrama company.
Profit margins are higher in the phrama industry, but are eroded by lower return on assets due to shortening of patent protection, litigation and high R&D costs.
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I think you missed Rob's point. He wasn't claiming that all the major players are US based as opposed to overseas based, a difference with an ever-waning distinction, but that they all have huge "bricks and mortar" presence here in the Land of the Free Access to government-funded research.
John
08-24-2010, 10:31 AM
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