More states prodded on tobacco deal: a dozen states support the $206 billion plan to settle lawsuits
Article Abstract:
The tobacco industry and states reached an agreement on a $206 billion settlement over lawsuits that were filed against cigarette makers. Negotiators involved in the settlement talks worked to convince other states to sign the agreement. Under the agreement, state lawsuits that were filed to gain compensation for smoking-related health expenses will be resolved. The settlement will also transform the manner in which cigarettes are marketed and sold in the US. The state of Pennsylvania was one of at least a dozen states to express support for the settlement.
Publication Name: Philadelphia Inquirer (PA)
Subject: Business, regional
ISSN: 0885-6613
Year: 1998
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Charitable groups developing drugs to help poorer nations
Article Abstract:
The drug and biotechnology industries, which are notoriously secretive and guarded about their patent portfolios, are starting to realize the altruistic and public-relations benefits such arrangements can have. It is found that about 18 million people, are infected with the diseases, and 45000 die annually but World Health Organization shelved it because of budget constraints.
Publication Name: Philadelphia Inquirer (PA)
Subject: Business, regional
ISSN: 0885-6613
Year: 2004
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