Helpful advice to graduate students: stop going to sessions about the job market. My sense is that it is simply making people unnecessarily hysterical. Yes, the job market this year is very, very bad. But whether it will be next year no one knows. I repeat no one knows.
So please, stop going to these sessions. Go home and write instead.
“Payers will no longer pay rising prices for marginally improved new products and pharmas must now justify those higher prices by demonstrating substantially greater benefits. That means new drug development requires more time and cost to make the case for improved cost-benefit and, more often than not, the effort fails. As a result the sales revenues for new drugs suffer both initially and over time. Then in their insatiable demand to maintain a profitability that exceeded all other industries over the past thirty years, pharmas have turned to the emerging countries as their golden goose. There local conditions and the inexorable greed of pharma companies combine to produce a way of doing business that is intrinsically corrupt.”
49 minutes ago