DEREK LOWE ON THE DRUG INDUSTRY’S PROBLEMS: “Those of us in the drug industry don’t really know what to expect from the Obama administration (although we’re pretty sure that we’re probably not going to like a lot of what we’re likely to get). But it’s not like things were going wonderfully during the Bush years, either, to be honest. Decisions on Medicare pricing, liability law, reimportation and other issues can all have their effects, but none of them will change the underlying problems that have put the business where it is.”
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