View Larger Image Crude Oil Closes at $48.01 – Down 50% from August – What does Crude Oil have to do with Pharma? As oil plunges, so does the capital needed for R&D. By Scott Zimmerman|2015-01-07T01:09:27+00:00January 7th, 2015|Pharma News|Comments Off on Crude Oil Closes at $48.01 – Down 50% from August – Share This Story, Choose Your Platform! FacebookXRedditLinkedInTumblrPinterestVkEmail About the Author: Scott Zimmerman Related Posts Shire’s Vyvanse for binge-eating disorder – Yes? No? Maybe? Gallery Shire’s Vyvanse for binge-eating disorder – Yes? No? Maybe? LabCorp takes down Covance for $6.1 Billion – deal approved… Gallery LabCorp takes down Covance for $6.1 Billion – deal approved… Abbvie shares on hold until HCV drug and Biosimilar Humira give visibility? Gallery Abbvie shares on hold until HCV drug and Biosimilar Humira give visibility? Reading between the lines – Is the Pfizer Boss thinking Conversion? Gallery Reading between the lines – Is the Pfizer Boss thinking Conversion? GILD pops on insider $1 million buy in. Gallery GILD pops on insider $1 million buy in.