Global Governments' Growing Embrace of Big Pharma

June 25, 2012 | Bill Frezza, a.k.a. author of Bio-IT World's "The Skeptical Outsider" column, pens a scathing dispatch from last week's BIO convention in Boston. "Music, food, and drink abounded, served out of booths with carpets so plush you had to watch your footing. Each was copiously staffed with representatives flown in from around the world busy selling ... well, what? To whom? Using whose money? Toward what end?" 

Here's Frezza's opinion of the New Hampshire booth: "It was a sad little pop-up affair that could easily be packed into the back of a station wagon. While unmanned, undoubtedly because the representative from New Hampshire was somewhere else swilling free wine and cheese, a small sign told the whole story. It read: "No Use Tax, No Sales Tax, No Inventory Tax, No Capital Gains Tax, No Personal Income Tax, Low Corporate Income Tax, No Insurance Premium Tax." Let it not be said that competitive differentiation is dead.  Real Clear Markets