I meant to post this news two weeks ago:
Pfizer's massive R&D facility in Britain is to be closed. This is the place where they invented Viagra.
uk.reuters.com/article/2011/02/01/uk-pfizer-sandwich-idUKTRE7103TG20110201(In the context of vested interests, I should mention that my niece is currently working at this Pfizer lab)
Also Merck looks like going ahead with its plan to close the biggest R&D facility in The Netherlands:
pharmalive.com/News/Index.cfm?articleid=762000To paraphrase:
"Selling the place to someone else to keep it operational is not in the shareholders' interest"
Alf