Vertex Pharmaceuticals (MA) (VRTX) Failure Shows Biotech is Not Immune to Big Pharma-Type Layoffs
11/4/2013 8:24:33 AM
A couple of weeks ago, I was standing in a conference room in a building near the South Boston waterfront waiting for a meeting to start. I was near a window, admiring the view of the harbor, when a colleague came up to me and pointed out two new gleaming buildings built along the waterfront. He said: “Those two buildings are the new headquarters and labs for Vertex”. Previously, Vertex colleagues had been scattered across Cambridge. Now everyone is able to work together in an $800 million campus.
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