The pharmaceutical industry is in trouble. This statement shouldn’t surprise anyone who isn’t in a coma.
Like farming there is a draught and this is one of new product innovation. Like farming, the pharmaceutical lacks an effective and credible trade association.
Unlike farming, the pharmaceutical industry faces a vast public relations crisis. Pharma is really a victim of its own success. The pharmaceutical industry is America’s last growth industry. In the 1970s and 1980s, the industry invested
billions of dollars in R&D. In the 1990s they enjoyed the fruits of that investment—and it was an investment the companies expect to get that money back! And there’s nothing wrong with that.
Just like Farm Aid of the 1980s, this Pharm Aid blog aims to provide an outlet of awareness, information and opinions.
Like farming there is a draught and this is one of new product innovation. Like farming, the pharmaceutical lacks an effective and credible trade association.
Unlike farming, the pharmaceutical industry faces a vast public relations crisis. Pharma is really a victim of its own success. The pharmaceutical industry is America’s last growth industry. In the 1970s and 1980s, the industry invested billions of dollars in R&D. In the 1990s they enjoyed the fruits of that investment—and it was an investment the companies expect to get that money back! And there’s nothing wrong with that.
Just like Farm Aid of the 1980s, this Pharm Aid blog aims to provide an outlet of awareness, information and opinions.