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DBL%20Hendrix%20small.png College chemistry, 1983

Derek Lowe The 2002 Model

Dbl%20new%20portrait%20B%26W.png After 10 years of blogging. . .

Derek Lowe, an Arkansan by birth, got his BA from Hendrix College and his PhD in organic chemistry from Duke before spending time in Germany on a Humboldt Fellowship on his post-doc. He's worked for several major pharmaceutical companies since 1989 on drug discovery projects against schizophrenia, Alzheimer's, diabetes, osteoporosis and other diseases. To contact Derek email him directly: derekb.lowe@gmail.com Twitter: Dereklowe

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In the Pipeline

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July 18, 2013

BMS Moving Jobs to Florida

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Posted by Derek

The state of Florida is press-releasing that Bristol-Myers Squibb is opening a "capability center" in the Tampa area, which will bring 579 jobs. What they're not saying - but what I hear through the grapevine - is that some of these jobs were formerly somewhere else. I don't know how many of the total are actually new positions.

They seem mostly to be support staff (I have to say, I have no clear picture of what a capability center actually is), and the affected people were notified late this afternoon. At least it opens in January, when a move to Tampa will be somewhat more tolerable. . .

Comments (11) + TrackBacks (0) | Category: Business and Markets


COMMENTS

1. Bboooooya on July 18, 2013 8:31 PM writes...

Great! FLA taxpayer dollars going to help create unemployment in other states. Sounds like BMS have taken a page from pro sports.

The TX governor, the really smart one who didn't know which federal government departments he wanted to cut, created a stir in San Diego recently by making a trip trying to convince local btechs to move to the line star state.

Permalink to Comment

2. Anonymous BMS Researcher on July 18, 2013 9:31 PM writes...

I don't know much more about this than what's in the press release. I do notice the press release says "70 thousand square feet" and "579 jobs," which works out to about 120 square feet per person. Those must be office jobs, not bench science: our main R&D sites run at least five times as many square feet per capita.

Permalink to Comment

3. Anonymous Big Pharma Researcher on July 18, 2013 9:36 PM writes...

A few more details here:
http://www.tampabay.com/news/business/economicdevelopment/bristol-myers-squibb-major-drug-maker-picks-tampa-for-575-jobs/2132099

Buzzword quote: "The company says the center, the first in the country, will encourage an innovative and entrepreneurial culture." They cannot encourage innovation in the buildings they already have? Sounds to me more like shifting support functions from a high-cost area to a lower-cost part of the country.

Permalink to Comment

4. Philip on July 18, 2013 11:08 PM writes...

Trivia question: Match the following all time high and low temperatures with their city:

99F
104F
-30F
18F

Tampa, FL
Cambridge, MA

I assume you all got the above correct. Tampa is not too bad for temperature, but do not think about moving away from the beach.

Tampa: 18 to 99, Cambridge: -30 to 104

Permalink to Comment

5. bboooooya on July 19, 2013 7:33 AM writes...

Plus, Tampa is a lot safer for driving. Most of the state drives their Buicks, while wearing white matching white belt and shoes, at half the speed limit.

Permalink to Comment

6. Anonymous on July 19, 2013 7:44 AM writes...

From TB news: "

The company says the center, the first in the country, will encourage an innovative and entrepreneurial culture.

"In short, the North America Capability Center will help us improve the overall quality and efficiency of our internal services and enable us to reinvest in our core business," said spokesman Frederick J. Egengolf. "

I swear, that guy was in my 'meaningless buzzword class' in MBA aschool. Wow. Couldn't even make that up.

Permalink to Comment

7. Hap on July 19, 2013 9:38 AM writes...

1) I liked it when Perry was complaining about the callousness of a cartoon making fun of his previous trips to other states in search of their business, explaining how "business was booming" in TX because of their lack of regulation. I guess getting people killed because of your unwillingness to enforce the law (or to have any laws enforceable on businesses at all) is not deplorable but making fun of your intransigence is. I can hardly wait until 2016.

2) No, the fact that a segment of the traffic drives at 1/2 the speed limit doesn't help. They are lots of college students and steroid lads who feel the need to test the upper limits of their cars' engines and to illustrate their lack of driving skills and surpluses of aggression, and whose driving fits extremely poorly with the "I shouldn't be driving but can't get around otherwise, so I'll just go really slow" crowd.

Permalink to Comment

8. milkshake on July 19, 2013 12:07 PM writes...

Ha! Looks like you never drove in Tampa. There is a good reason why car insurance policies cost so much higher here than in most other places in Florida

Permalink to Comment

9. Hap on July 19, 2013 3:53 PM writes...

I visited my parents in Sarasota in 2002 - driving to the house from the Tampa airport, we saw dude 1 tailgating dude 2 at 75 in the middle lane of the freeway, with other people meandering around, and I decided that FL driving was not overly safe.

Permalink to Comment

10. Yokono on July 19, 2013 5:25 PM writes...

Well, I am afraid it is the future of New Jersey for companies and people to get out. Crowded, overpriced, high taxes, low quality of life. I am afraid other companies will continue the same path.

Permalink to Comment

11. avgjoe on July 24, 2013 4:04 PM writes...

you people are clueles

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