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  • Wall Street Breakfast: Must-Know News [View article]
    "Drugmakers boosted prices for their 50 top-sellers by 7.82% in 2007, on the heels of 6.73% and 6.22% jumps in 2006 and 2005, in an effort to boost profits in the face of patent expirations and waning pipelines. The ploy could backfire by pushing government to beef-up its regulation of drug pricing."

    Doesn't this mean that the decline in profits when these drugs hit patent expiration will be even sharper?
    Feb 21 16:17 pm |Rating: 0 0 |Link to Comment
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