Ireland Faces 19 BN Decline in Drug Exports

[DCon]

China causing Big Pharma to sweat

China has overhauled parts of its intellectual property laws to allow its drugmakers to make cheap copies of medicines still under patent protection in a move likely to unnerve foreign pharmaceutical companies.

The Chinese move comes within months of a similar move by India to effectively end the monopoly on an expensive cancer drug made by Bayer AG by issuing its first so-called "compulsory licence".

Similar action by China will ring alarm bells in Big Pharma, since the country is a vital growth market at a time when sales in Western countries are flagging.

http://af.reuters.com/article/commod...8H85PE20120608

[PaddyJoe]

Irish pharma exports to the US down 30% in the first half of this year;

According to the Irish Exporters’ Association’s half-year review, the Irish pharmaceutical sector experienced a “severe downturn” in exports to the US market in the first half of the year, though pharmaceutical exports to the EU grew by 6 per cent.

The association’s chief executive John Whelan said the figures showed that “Ireland’s over-dependency on pharma exports to the United States was coming home to roost”.

http://www.irishtimes.com/newspaper/...321232694.html

[Kev Bar]

Irish pharma exports to the US down 30% in the first half of this year;

http://www.irishtimes.com/newspaper/...321232694.html

Cue Viagra jokes.

[fluffybiscuits]

Cue Viagra jokes.

There is stiff competition for the best joke...

[DCon]

Pfizer are cutting over 100 jobs at Little Island in Cork

Seemingly, this is where Lipitor has been made

Ian Guider ‏@ianguider 3m

Pfizer confirm that 136 jobs to go next year in Little Island next year.

Ian Guider ‏@ianguider 1m

Pfizer say hopeful they could sell Little Island site.

[fluffybiscuits]

http://www.independent.ie/irish-news...-29267362.html

Gaybo front a new campaign to encourage people to use generic drugs. Backed by 400 pharmacists...

[dammit_im_mad]

We need to Legalise the weed immediately. This will

Boost tourism

Foster a brand new medical Marajuana growing / exporting industry

Free up expensive prison spaces

Save loads of money on policing

Destroy a lucrative gangland income stream

Keep the small local cafe businesses on their feet and create employment

New opportunities for businesses selling head shop gear

Hemp clothing industry etc might take off in parallel

bring in lots of extra tax

chill everybody out over the whole austerity thing.

revitalise the property industry (grow houses)

And maybe, If we all smoke enough weed, government policy will start to make sense! ;-)

[fluffybiscuits]

We need to Legalise the weed immediately. This will

Boost tourism

Foster a brand new medical Marajuana growing / exporting industry

Free up expensive prison spaces

Save loads of money on policing

Destroy a lucrative gangland income stream

Keep the small local cafe businesses on their feet and create employment

New opportunities for businesses selling head shop gear

Hemp clothing industry etc might take off in parallel

bring in lots of extra tax

chill everybody out over the whole austerity thing.

revitalise the property industry (grow houses)

And maybe, If we all smoke enough weed, government policy will start to make sense! ;-)

Bumping this as I agree with it

Wholeheartedly behind this idea..

Dammit do you think it could replace the drink culture?