This wouldn’t have anything to do with encroaching Obamacare, would it?
The nation has suffered through economically stupid presidents before (Jimmy Carter) without these kinds of consequences.
Would be interesting to interview those who got out of the game and ask them why. Trying to set up overseas and having quality problems? Totally unrealistic price caps? (Bulk medication prices are way less than the delivered cost of a unit at a hospital.)
Maybe it has to do with the FDA. The FDA is just as bad as the IRS or the BATF. Dealing with the FDA is almost impossible for a small company, so the landscape is reduced to big companies that have departments of staff who just prepare for and deal with the FDA. They regulate huge swathes of the economy, and would like to regulate it all! At least, that's my opinion.