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Closing the largest generic drug plant in the US is a sick joke

Expanding democratic ownership Fighting for a new systemic vision

In a soon-to-be-released study commissioned by the Democracy Collaborative, economist Michael Shuman puts the losses associated with the shut-down in the hundreds of millions of dollars in a state, West Virginia, that already has the sixth highest poverty rate in the country. Schuman estimates that Viatris’s plans will suck $403 million in wages from the local economy and cause knock-on effects likely to result in the loss of 4,642 jobs, or nearly 6 percent of the jobs in Monongalia County.

Publication date: 2021-07-23
Parent publication: The Nation
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