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Post #47,929
by orion
Picture of orion
8/2/02 11:43:58 PM
Reply
New Good going
pharmecuetical companies are making big money no matter what the economy because people still get sick and need medicine. You should have a job there for a long time.
I am free now, to choose my own destiny.
Post #47,939
by ben_tilly
8/3/02 8:34:09 AM
Reply
New No business makes money "no matter what"
Because competition and expectations rush to fill the available opportunity, which eliminates the differential between that industry and others.

Pharmaceutical companies in particular are highly dependent on the profit margins from their latest wonder-drug. If they don't have a deep research pipeline, they stand in serious danger of winding up in a credit crunch. Also if the healthcare system ever faced up to and dealt with its addiction to the latest and greatest drugs (particularly when there are workable generics), then that entire sector would face significant pressure on their business model.

How am I aware of this? Because I actually worked in one for a bit (consultant to a cost-cutting unit). How about you?

Cheers,
Ben
"Perl is like vice grips. You can do anything with it, and it's the wrong tool for every job."
--Unknown
     SCORE! - (inthane-chan) - (38) - Aug. 2, 2002, 06:24:16 PM EDT
         YAY!! - (Steve Lowe) - Aug. 2, 2002, 06:50:06 PM EDT
         Almost forgot... iwethey.employed++; -NT - (inthane-chan) - Aug. 2, 2002, 07:53:49 PM EDT
         Nice way to end the week, eh? Congrats! -NT - (Another Scott) - Aug. 2, 2002, 06:57:08 PM EDT
         Congrats! - (ben_tilly) - Aug. 2, 2002, 07:27:30 PM EDT
         Congrats! - (Ashton) - (4) - Aug. 2, 2002, 07:33:55 PM EDT
             Heh. - (inthane-chan) - (2) - Aug. 2, 2002, 07:54:06 PM EDT
                 Okay... Give 2 and call in sick the last week... ;) -NT - (folkert) - Aug. 2, 2002, 08:03:07 PM EDT
                 I gotta get me some fluffy bunny slippers... :-) - (static) - Aug. 5, 2002, 12:06:12 AM EDT
             Robin Williams? - (tablizer) - Aug. 7, 2002, 05:13:43 PM EDT
         Superb! Way to go, Thane! -NT - (a6l6e6x) - Aug. 2, 2002, 10:07:06 PM EDT
         Good going - (orion) - (1) - Aug. 2, 2002, 11:43:58 PM EDT
             No business makes money "no matter what" - (ben_tilly) - Aug. 3, 2002, 08:34:09 AM EDT
         Stylin' - way to go! -NT - (slugbug) - Aug. 2, 2002, 11:57:30 PM EDT
         You know what this means... - (pwhysall) - (1) - Aug. 3, 2002, 10:56:36 AM EDT
             What this means... - (inthane-chan) - Aug. 3, 2002, 12:56:27 PM EDT
         Celebrate! Celebrate! - (gdaustin) - Aug. 3, 2002, 11:05:15 AM EDT
         *cheer* -NT - (imric) - Aug. 3, 2002, 06:23:11 PM EDT
         Wheeee! That's tops. -NT - (Meerkat) - Aug. 4, 2002, 08:13:04 AM EDT
         Congrats! -NT - (SpiceWare) - Aug. 5, 2002, 12:43:17 AM EDT
         They need anybody else? - (drewk) - (1) - Aug. 5, 2002, 08:14:13 AM EDT
             Sorry guys... - (inthane-chan) - Aug. 5, 2002, 09:37:06 AM EDT
         Gratumalations! -NT - (Yendor) - Aug. 5, 2002, 09:49:46 AM EDT
         very congrats, a real job wih real people! -NT - (boxley) - Aug. 5, 2002, 12:22:04 PM EDT
         Excellent news! - (Silverlock) - (1) - Aug. 6, 2002, 03:06:39 PM EDT
             Already looking. - (inthane-chan) - Aug. 6, 2002, 07:09:31 PM EDT
         Congrats, now you can teach *us* how -NT - (tablizer) - (6) - Aug. 7, 2002, 05:15:42 PM EDT
             Arrogance. - (inthane-chan) - (5) - Aug. 7, 2002, 07:24:41 PM EDT
                 But the catch is that... - (ben_tilly) - (4) - Aug. 7, 2002, 10:14:43 PM EDT
                     Been there, done that... - (inthane-chan) - (2) - Aug. 8, 2002, 04:22:29 PM EDT
                         I knew that... - (ben_tilly) - (1) - Aug. 8, 2002, 10:30:43 PM EDT
                             D'oh! - (inthane-chan) - Aug. 9, 2002, 11:25:41 AM EDT
                     fortune cookie:"Avoid jobs where you have to bend over alot" -NT - (tablizer) - Aug. 8, 2002, 04:29:31 PM EDT
         It's turd polishin' time! - (inthane-chan) - (5) - Aug. 12, 2002, 03:56:33 PM EDT
             And promise of a better world in the future! -NT - (a6l6e6x) - Aug. 12, 2002, 07:45:36 PM EDT
             Advice - (ben_tilly) - Aug. 12, 2002, 08:13:26 PM EDT
             Ask.... - (folkert) - Aug. 12, 2002, 09:29:27 PM EDT
             you know where to get the answers right? -NT - (boxley) - (1) - Aug. 12, 2002, 10:01:36 PM EDT
                 Nope, haven't got a clue. ;-) -NT - (inthane-chan) - Aug. 13, 2002, 12:12:42 AM EDT

I could make a hat... or a brooch... or a pterodactyl!
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