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PhRMA President Tauzin to Resign


2/12/2010 7:35:13 AM

WSJ -- The pharmaceutical industry's top lobbyist has decided to resign after taking criticism for his support of the White House's now-teetering plan to overhaul health care. Billy Tauzin, president of the Pharmaceutical Research and Manufacturers of America, calculated that an overhaul was likely to happen and it was better to work with Democrats, people familiar with his thinking said. But his position grew shakier after Democrats' loss in a U.S. Senate race in Massachusetts endangered the legislation's chances.

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