Monday, June 29, 2009

Hoffman La Roche is severing its ties to Big Pharma.

Susan Todd of The Star-Ledger reports that Hoffman La Roche will no longer have ties to traditional American pharmaceutical companies (or Big Pharma). Todd reports, "The venerable drug maker this week plans to drop its membership in the Pharmaceutical Research and Manufacturers Association... After taking over a biotech giant and relocating to its windswept corporate campus in South San Francisco, Roche is shedding its century-old identity as a traditional U.S. pharmaceutical company.

As part of its evolution, Roche is aligning itself with a new lobbying force and plans to pull out of another pharma-related affiliation, its sponsorship of a special pharmaceutical management program at Rutgers Business School."

What will this mean for other members of Big Pharma?


Hoffman La Roche planning to leave Pharma

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