Go Back   English Forum Switzerland > Living in Switzerland > Swiss politics/news  
Reply
 
Thread Tools Display Modes
  #1  
Old 13.01.2012, 14:39
Administrator
 
Join Date: Mar 2011
Location: Zurich
Posts: 195
Groaned at 99 Times in 43 Posts
Thanked 77 Times in 52 Posts
The Local has disabled reputation
Swiss pharmaceutical company Novartis has again drastically reduced its workforce in the United States to deal with the expiry of an important patent and its failure to get traction on other drugs, the firm said on Friday.

Read the full article: Novartis cuts 2,000 US jobs after patent loss

Reply With Quote
  #2  
Old 14.01.2012, 10:08
Senior Member
 
Join Date: Mar 2011
Location: Zurich
Posts: 393
Groaned at 20 Times in 14 Posts
Thanked 168 Times in 104 Posts
Superfast is considered unworthySuperfast is considered unworthySuperfast is considered unworthy
Re: Novartis cuts 2,000 US jobs after patent loss

According to the article:

2012 worldwide pharmaceutical industry will lose 50 billions. Will be tough.

Like has been to banking industry in last 4 years.
Reply With Quote
  #3  
Old 14.01.2012, 10:25
polar_panda's Avatar
Junior Member
 
Join Date: Jul 2011
Location: Zurich
Posts: 60
Groaned at 0 Times in 0 Posts
Thanked 39 Times in 25 Posts
polar_panda has earned some respectpolar_panda has earned some respect
Re: Novartis cuts 2,000 US jobs after patent loss

Quote:
View Post
According to the article:

2012 worldwide pharmaceutical industry will lose 50 billions. Will be tough.
So people needing the drugs will actually save a big part of that 50 billion.
Reply With Quote
  #4  
Old 14.01.2012, 11:37
Nil's Avatar
Nil Nil is offline
Forum Legend
 
Join Date: Sep 2007
Location: Basel
Posts: 10,356
Groaned at 428 Times in 333 Posts
Thanked 16,045 Times in 6,322 Posts
Nil has a reputation beyond reputeNil has a reputation beyond reputeNil has a reputation beyond reputeNil has a reputation beyond reputeNil has a reputation beyond reputeNil has a reputation beyond repute
Re: Novartis cuts 2,000 US jobs after patent loss

Quote:
View Post
So people needing the drugs will actually save a big part of that 50 billion.
And lose their job in the same time.
Reply With Quote
  #5  
Old 16.01.2012, 22:06
Newbie 1st class
 
Join Date: Jan 2012
Location: Zurich, Switzerland
Posts: 14
Groaned at 1 Time in 1 Post
Thanked 5 Times in 2 Posts
RachelS has made some interesting contributions
Re: Novartis cuts 2,000 US jobs after patent loss

Wow, this is really bad news for Switzerland. Novartis is a big company with an otherwise good reputation. I feel bad for these people who's entire lives will change. I am sure this sudden increase in the unemployment rate will impact the # of permits available here!
Reply With Quote
  #6  
Old 16.01.2012, 22:10
Sbrinz's Avatar
RIP
 
Join Date: Oct 2011
Location: Murten - Morat
Posts: 11,866
Groaned at 563 Times in 354 Posts
Thanked 11,548 Times in 5,941 Posts
Sbrinz has a reputation beyond reputeSbrinz has a reputation beyond reputeSbrinz has a reputation beyond reputeSbrinz has a reputation beyond reputeSbrinz has a reputation beyond reputeSbrinz has a reputation beyond repute
Re: Novartis cuts 2,000 US jobs after patent loss

Quote:
View Post
Novartis has again drastically reduced its workforce in the United States
Quote:
View Post
I am sure this sudden increase in the unemployment rate will impact the # of permits available here!
Really? Would you like to explain how that will happen?
Reply With Quote
  #7  
Old 17.01.2012, 08:02
kiwiguy08's Avatar
Forum Veteran
 
Join Date: Apr 2008
Location: Zürich
Posts: 1,405
Groaned at 86 Times in 62 Posts
Thanked 1,323 Times in 690 Posts
kiwiguy08 has earned the respect of manykiwiguy08 has earned the respect of manykiwiguy08 has earned the respect of many
Re: Novartis cuts 2,000 US jobs after patent loss

Quote:
View Post
Wow, this is really bad news for Switzerland. Novartis is a big company with an otherwise good reputation. I feel bad for these people who's entire lives will change. I am sure this sudden increase in the unemployment rate will impact the # of permits available here!
Yeah, you havent been reading the article carefully. There will (for now) be no impact on swiss jobs.

I'm glad a lot of these drugs are going to be available cheaper...Novartis and whatever other company will still be selling the patent expired drugs, they just will have competition for it.
Reply With Quote
Reply




Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off



All times are GMT +2. The time now is 00:55.


Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2022, Jelsoft Enterprises Ltd.
LinkBacks Enabled by vBSEO 3.1.0