If the nominal theme of Windhover's 2004 Pharmaceutical Strategic Alliances conference was "transitions", the full subtext was "transitions to sustainability."
Sustainability would hardly seem to be a matter of much dispute when it comes to Big Pharma. But serious threats to it were at least tacitly acknowledged in various talks at PSA—which took place a week before Merck & Co. Inc. announced its decision to pull rofecoxib (Vioxx) from the market, driving a wholly unprepared for $2.55 billion hole in a P&L bracing for the 2006 loss of the US patent on $5.1 billion simvastatin (Zocor). Discussed in several presentations, Bayer AG will now try to survive as a medium-sized European specialist, having basically abandoned its US primary care business to the struggling Schering-Plough Corp
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