Anonymous
Guest
Anonymous
Guest
Is pharma being consolidated to one location before the sale of the company?
Yes California and Rochester.
I am really confused when I look at the pharma organization of this company. Where is the nerve center for Pharma?
What is the purpose of having Pharma in New Jersey? Is New Jersey the nerve center? If it is not the Nerve center why does it even exist?
These kind of questions need to be answered before someone gives out 10 billion to buy this company.
The NJ office was opened to accommodate a few overpaid individuals that lived in the area. A lot of money was wasted relocating or rehiring to fill the office, mostly Schering Plough courtesy hires. There was and still is no need to have any Pharma in NJ.
Obviously, four locations Tampa, New Jersey, Rochester and Cali for a relatively small Pharma organization is silly. Private equity firms are suppose to fix these problems before sale not pass them on to the next company.
NJ= just offices no pharma
Tampa= extremely small pharma...more of troubleshoot manufacturing...i.e. no real R&D
Rochester = real R&D, all top researchers and projects located here
Cali= real R&D professionals here.