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What's R&D Got To Do With It?

December 21, 2011

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By Cliff Mintz Ph.D., Life Science Leader magazine

Over the last five years or so, many big pharmaceutical companies concluded that their internal R&D activities were no longer delivering the ROI they had grown to expect. This resulted in the elimination of hundreds of thousands of jobs and the outsourcing of many R&D activities. While most executives and industry insiders believe that downsizing and outsourcing R&D is a sound idea, John LaMattina, Ph.D., former senior VP at Pfizer and president of Pfizer Global R&D, who spent 30 years in R&D after joining the company in 1977, is not so sure.

Used with permission from Life Science Leader magazine.

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