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8,483 Posts.
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06/12/10
16:49
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20c may be too generous!
http://www.theaustralian.com.au/business/opinion/sigmas-wholesale-future-in-doubt/story-e6frg9io-1225966407350
SIGMA Pharmaceuticals boss Mark Hooper is standing on the edge of a very steep cliff.
He potentially has a long way to fall in the wake of the loss of the Pfizer distribution business.
Wholesale distribution will be Hooper's sole business after the $900 million sale of his pharmaceutical business to Aspen late next month.
If more big drug companies decide to follow Pfizer's lead, then Sigma doesn't have a business any more.
But, then again, that is not necessarily a given and if that happens the entire structure of the industry will have changed.
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