Next US President: no "safe" candidate
The recent developments in the US presidential primary process to find the candidates for November's election have left "no 'safe' candidate for the pharmaceutical industry," according to Lehman Brothers. Although two minor candidates remain in the race for the Republican party's nomination, it seems only a matter of time before Senator John McCain (Arizona) wins, following the resignation of former Massachusetts Governor Mitt Romney.
The latter was both the promoter of a mandatory health insurance scheme in Massachusetts, which has recently experienced financial difficulties (Marketletter February 11), as well as being the only candidate in this election to defend the drug industry in public.
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