Word came last night that Billy Tauzin, the 13-term Louisiana congressman who took up the reigns as head of the Pharmaceutical Research and Manufacturers of America after a bout with cancer, will step down from his post.
Interestingly PhRMA has commissioned an adaptation of the famous Stewart-Adams-Strouse musical to commemorate Tauzin's five-year tenure as the head of the industry lobbying group.**
An official announcement from PhRMA is expected today, and "The Pink Sheet" will have all that covered. Meanwhile, who's going to play Tauzin in the musical? Our money's on Pierce Brosnan. Have you seen "Mamma Mia"?