Pharmalot… Pharmalittle… A Vacation Break
8 CommentsBy Ed Silverman // December 27th, 2010 // 11:58 am
Hard to believe, yes? But even we take a few days off now and then. While we have our laptop with us and will, periodically, check on interesting developments, regular posting will not occur this week. We apologize for any inconvenience, but we promised Mrs. Pharmalot and The Short People (that famous, non-existent ’60’s group) that we would focus on their desires. Have a great time, everyone…
Regeneron Halts Painkiller Project After Bone Death (Bloomberg News)
Roche And Vietnamese Health Minister Argue Over Patent (VietnamNet)
Relying On Patient Clues After Cancer Drugs Fail (New York Times)
Doctors Question Journal Articles (Milwaukee Journal-Sentinel)
Glaxo Offers UK Rebate If Pfizer Drug Is Better (Reuters)
EMA Launches Public SME Registry (PharmaTimes)
pic thx to nicole/mealy monster flickr
cliffintokyo
I read the GSK price approval miss-type as:
“…..UK rebate if (P)fizzier drug is better”
This seems too flippant even for whimsical GSK!
Makes me ponder more generally: Surely we must have reached the lowest point in trivialization of (expensive) pharma R & D…it can only get better? (i.e. return to doing good science)
Anne PME
Ed,
Have a great vacation!
Anne
Condor
Happy New Year, one and all!
One tidbit as we ring the old year out — if I may — there was a very well-researched, long article, by Jesse Drucker, for Bloomberg, two nights ago — concerning the almost unimaginably vast (and at least arguably legal) U.S. income-tax-shirking that’s been the norm, for decades in U.S. mulitnational big pharma.
The Bloomberg article was particularly critical of Merck’s bust-up partner, Schering-Plough — and its transparent tax avoidance scheme, that has now cost the “New Merck” company nearly a half billion in taxes and penalties it will never recover.
But the article is broader than one case — and is broader than just pharma — the energy and tech sectors are guilty of it, as well. Do go read — and do voice your concern, to your elected officials — about this most socialist of corporate welfare programs: the US-tax-dodge on repatriated foreign earnings.
Namaste, and a genuinely prosperous (not tax avoidance-manufactured) New Year to all!
Mr. Experience
Condor,
Just about all my friends and neighbors have read the item and have been glued to the literary news section of their morning papers, waiting in anticipation of further stories.
This should be the sole topic of conversation for anyone over the age of 90.
Thanks so much. Keep the news rolling.
It’s people like you whose informative and never ending dullness, make America what it is today. Don’t let us down.
Condor
Gee, Mr. Experience –
I didn’t think sarcasm (yours) was to be a permitted comment-writing style — until after January 18 — this year. Ah well.
So be it.
Your mileage varies. Very well, then. Right.
Did’ja see that the SEC finally handed down the settled Lucent sanctions, for the telecom having (allegedly) systematically violated the FCPA, all under Patricia Russo’s leadership (at least 1999 to 2008)?
Yep — and here’s a SURPRISE! — she’s an ex-Schering-Plough lead director, a current Merck director (with no committee appointments), and the lead director at GM (all mostly courtesy of various forms of Ed “Grim Reaper” Whitacre’s largess).
Do try to have a better ‘11, dude.
Namaste, just the same.
Mr. Experience
Condor,
You missed your calling. You should consider being a classified ad writer.
Oh, the Namaste is spelled incorrectly. You left a letter out. It should read Namwaste. In America the official language is ENGLISH. Try India or even Nepal. They probably know more than one word.
Condor
Cheers, Mr. Experience.
You seem to need it.
Mr. Experience
Condor,
You are a very decent guy, to so nicely put up with my humor. I hope you know that I am just having innocent fun. I really appreciate your input.
Sometimes, we all need a little humor. I have been known to inject one liners at some serious meetings. It’s a definite tension breaker. When used, it has always been a nice break and the others get a chance to laugh at or laugh with my joking. Business at hand then seems to be easier to handle.
Where I live, it rains most of the year. So, that’s why we have no parades. The saying, “raining on your parade” gave birth here. Who wants a rainy parade!