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jrbritt

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jrbritt

Re: nywest329 post# 40342

Thursday, 02/17/2011 11:10:41 PM

Thursday, February 17, 2011 11:10:41 PM

Post# of 97239
Didn't see the Cramer piece but many others have been saying that lately. Here's a link from Reuters:

http://www.reuters.com/article/2011/02/10/pharmaceuticals-rd-idUSLDE71912R20110210

It seems clear that if they aren't going to spend for R&D they are going to have to acquire companies who have been doing the work- or else their product lines will disappear and they cannot compete.
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