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Puerto Rico's pharmaceutical industry is dire straights

RP news wires, Noria Corporation

First to go was a factory that produced generic drugs. Next, a pharmaceutical supply company said it would close. Then, GlaxoSmithKline PLC said last month it would shut its plant in this central Puerto Rican city.

 

Many people in Cidra now fear their hillside city, which has depended on pharmaceutical manufacturing for more than 30 years, is terminally ill.

 

"This is going to be pretty bad for a lot of people," said Frank Ortiz, a 42-year-old construction worker sitting in a cafe near the gated GlaxoSmithKline campus.

 

Read the entire article from the Associated Press by clicking on the link below:

 

http://ap.google.com/article/ALeqM5jACvOFR_tXU8xjrNZ9Hrbco7t0aAD8T09VN80

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