Copying the copycats: Merck

Article Abstract:

Generic drugs which are exactly the same as brand name drugs but much less expensive have been capturing a growing market share in the pharmaceutical industry. Merck has decided to market both the brand name and generic versions of their same products.

Pharmaceutical preparations, Biological products exc. diagnostic, Generic drugs, Merck & Company Inc.

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Profits over the counter: the drug industry

Article Abstract:

Drug companies are expanding into over-the-counter (OTC) drugs since their huge profits are being threatened by patent expirations and government price controls. Many drugs are awaiting approval for the OTC market, a move that often doubles sales.

Nonprescription drugs

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The cows come home

Article Abstract:

The wait of the pharmaceutical industry to get the drug BST accepted is almost over, but the European Community is concerned with how its use will affect its milk quotas. It is expected to increase by 10-15% the milk yields of cows.

Equipment and supplies, Agricultural productivity

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