Showing posts with label Novartis. Show all posts
Showing posts with label Novartis. Show all posts

May 26, 2010

Novartis Penalized for Bias

http://www.nypost.com/p/news/local/of_pain_yLfIqqIuYvKd2T5BdURV4J

$250M of pain

Sex-bias slap at Novartis

Last Updated: 7:03 AM, May 20, 2010

Posted: 2:52 AM, May 20, 2010

November 2, 2007

Deval and the Biotech Devils

Deval and the Biotech Devils

Deval Patrick lost touch with reality. His moonbat base may believe his
allegation that his $1 billion boondoggle is "critical for Massachusetts to help
biotech, pharmaceutical and other life-sciences companies - or firms will be
lured away."(Jay Fitzgerald and Scott Van Voorhis, "Gov: Bio-bill delay costly,"
Boston Herald, October 31, 2007) Novartis, Biogen etc., landed in Cambridge
because of access to academic researchers at MIT and Harvard. They are not going
anywhere.
Stealing more money from the poor taxpayer to give to the wealthy biotech
industry is not necessary. Deval sounds more and more each day like the Harvard
corporate lawyer that he is.

Roy Bercaw, Editor ENOUGH ROOM

Gov: Bio-bill delay costly
Slams pol on Novartis loss
By Jay Fitzgerald and Scott Van Voorhis
Boston Herald
Wednesday, October 31, 2007 |

Gov. Deval Patrick yesterday blamed the Legislature’s lack of action on his $1
billion life-sciences bill for Novartis AG’s decision to build a new biotech
facility in Singapore, not Massachusetts.

Patrick, who has been critical of the slow pace of legislative action on a
number of his proposals, told lawmakers at a State House hearing yesterday that
it’s critical for Massachusetts to help biotech, pharmaceutical and other
life-sciences companies - or firms will be lured away.

He said some biotech companies have decided to expand operations here, partly
because of state economic incentives offered to them.

“But not everyone is convinced that we mean it,” he told the Joint Committee on
Economic Development and Emerging Technologies.

“One large company - Novartis - was prepared to invest hundreds of millions of
dollars in over 700,000 square feet of lab and office space creating over 400
new, well-paying jobs. But our inaction on this proposal over many months caused
them to abandon those plans here and focus instead on other states.”

Patrick was referring to Novartis’ decision to build a new major plant in
Singapore, after looking at sites in Massachusetts.

After the hearing, Patrick declined to give details about what Novartis wanted.
But he reiterated that the Legislature’s failure to quickly pass his bill had an
impact.

“Inaction sends a message,” said Patrick.

In the past, lawmakers have bristled at Patrick’s criticism of the slow pace of
work at the State House, suggesting the first-year governor doesn’t understand
the legislative process. A handful of key lawmakers have also questioned whether
the biotech industry should get so much extra money from the state.

Jeff Lockwood, a spokesman for Novartis, declined to comment on whether the slow
legislative progress was behind the company’s decision to expand in Singapore.
He said the move was based on a “multitude of factors.”
Article URL:
http://www.bostonherald.com/business/general/view.bg?articleid=1041566

March 3, 2007

Novartis to be Largest Employer in Cambridge, MA

Novartis to be Largest Employer in Cambridge, MA

The Globe reports that "Novartis AG [announced] an expansion that will make it [Cambridge's] largest corporate employer." (Stephen Heuser, "Novartis moving 2d unit to area,"Boston Globe, December 15, 2006) No distinction is made about Harvard and MIT both corporations. Cambridge City statistics say http://www.ci.cambridge.ma.us/cdd/data/labor/top25/top25_2006.html
HARVARD UNIVERSITY employs 10,068;
MASSACHUSETTS INSTITUTE OF TECHNOLOGY employs 7,864.

--
Roy Bercaw, Editor
ENOUGH ROOM
Cambridge MA USA

Novartis moving 2d unit to area Swiss drug maker to put headquarters for vaccines, diagnostics division in Cambridge
By Stephen Heuser,
Boston Globe Staff
December 15, 2006

Two years after opening its global research headquarters in a former Central Square candy factory, the Swiss drug giant Novartis AG said yesterday it will move a second division to Cambridge in an expansion that will make it the city's largest corporate employer. The company hasn't yet settled on a location, but said the new office will house 250 executives and researchers for Novartis Vaccines and Diagnostics , a unit that makes flu shots and blood tests.
Their arrival next year will bring Novartis's total Cambridge footprint to nearly a million square feet and 1,550 people, larger than local biotechnology giants Genzyme Corp. and Biogen Idec Inc.
[...]
Stephen Heuser can be reached at sheuser@globe.com.