With global economies struggling it only gives drug manufacturers with sizable investment dollars more leverage to pit local and national governments against each other to see who can offer up the sweetest packages to earn the right to that money.
Pfizer announced this morning that the last of its UK plants will close with the Sandwich manufacturing operations in east Kent. The decision brings an end to 53 years of manufacturing history at the plant, and will leave 420 without jobs.
My mother is 100% Irish. Her children, 50%. "Don't forget your heritage even though I was forced to give you an Italian last name," she would say hoping she would not have to insert an IV of soda bread into our veins to ensure that we'd remember Ireland.
Pharmalot reported today that Amgen's CFO resigned today. Here's how the International Herald Tribune reported the story. But I'd missed previous reports that construction the company's much-anticipated $1-billion plant in Ireland will be postponed for two years. Here's one account of the story and its potential impact from the Irish press.