As Pfizer downsized Wyeth, a major loss of brain power


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Pfizer did the same thing with Parke-Davis division of Warner-Lambert. Example: Scientists at the Parke-Davis R&D facility--Ann Arbor, MI were responsible for discovery and bringing Lipitor to market. Pfizer closed Ann Arbor R&D site. Pfizer later bailed out of cardiovascular R&D. Cardiovascular disease is still the number one killer. Roche is getting closer to marketing their version of CETP inhibitor which raises HDLs. How Pfizer botched another HDL strategy--HDL memetric--another laugh. They had the opportunity to dominate for years to come the market of preventing/reversing atherosclerosis.



http://articles.philly.com/2011-08-...pharmaceutical-industry-drug-pricing-wegmans/

"I think it's a tragedy," said recruiter Cheryl Buxton, who leads the pharmaceutical practice out of the executive-search company Korn/Ferry International's Princeton office. "I think we're losing so much expertise."

Four of the 15 at Wegmans on Aug. 8 lost their jobs in the Pfizer consolidation.
 








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