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Weaknesses in product development and high research costs for pharmaceutical companies provide opportunities for biotech companies
b3c newswire, 07/09/09
Several American pharmaceutical giants such as Pfizer, Johnson and Johnson or Merck and Co are currently fighting losses in sales and a lack of upcoming products. In Europe, Sanofi-Aventis and GlaxoSmithKline are affected. However, not all pharmaceutical companies are suffering from the crisis. According to the assessment of many analysts, Roche, Novartis and Bayer, for example, have sufficiently deep product pipelines to sustain their growth.
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