And. . . huge surprise (not!) -- those efforts to (allegedly) restrain lawful price competition occured under Fred, Cary, Tom, Tom and Brent's stellar "leadership" -- at pre-merger Schering-Plough. Ugh.
Here's the relevant bit, from Capital.gr -- but do go read it all:
. . . .France's competition authority Thursday fined Schering-Plough, [now] a unit of U.S. drug giant Merck & Co., 15.3 million euros ($20.94 million), for allegedly attempting to block generic competition for its narcotic addiction treatment, Subutex.
The authority said in a statement that Schering-Plough, colluded with its supplier, the consumer-products maker Reckitt Benckiser Group PLC to elbow out of the market Arrow Group's generic version of Subutex. . . .
The actual financial amount of the fine is not remotely material, but the black eye (reputation damage) in Europe -- of being seen as a bully, and a price gouger, is (once again) disappointing. The $21 million is also -- as irony would have it -- about what Fred paid himself, per year, while at Schering-Plough, all in.
To my experienced eye, it is just more of the Fast Fred Hassan legacy, and a sad one, at that. [Ed. Note:
3 comments:
Sorry to hear of the blues. I hope it only transient.
Maybe this will help:
http://thoughtcatalog.com/kovie-biakolo/2013/11/51-things-you-can-be-thankful-for-on-any-day/
Be well~
". . .For words, whether written or spoken or signed, that give life meaning and give meaning to our lives. . . .
. . .For art, which makes life beautiful in and of itself. . . .
. . .For science, for giving us many creations that have simplified our lives, and the knowledge to keep seeking better ways to live. . .
. . .For faith, hope, and love. Because those things are free, irreplaceable, and the only things that last a lifetime. . . ."
And hope is a good thing -- perhaps the best of all things. . . .
Thank you! I am sincerely all. . . Tiny Tim -n- junk, now!
Heh!
I'm glad. Be well Tiny Tim.
This game is all too short to lose sight of those things that are truly important.
I think you always close with
Namaste~
Post a Comment