How many trillions for a drug miracle?

How many trillions for a drug miracle?
“Here’s a quick thought experiment about the current system for developing and paying for miracle drugs: Would it be worth almost any price to develop a drug with a better than 50-50 probability of conquering many of the world’s most deadly diseases? “

State biotech sector no miracle drug for creation of jobs

State biotech sector no miracle drug for creation of jobs
“Ruth Scott’s job is to be the No. 1 cheerleader for biotechnology in Washington state. But when politicians talk up the industry as a silver bullet for job growth, she cringes.”

Merck: Successor pill safer than Vioxx

Merck: Successor pill safer than Vioxx
Merck & Co., the US drug maker that recalled its Vioxx painkiller because of a link to heart disease, said short-term studies show the company�s planned successor pill, Arcoxia, is safer.

Big pharma’s pain could be biotech’s gain

Big pharma’s pain could be biotech’s gain
“Current problems besetting ‘big pharma’ could have a silver lining for the smaller biotechnology sector, some investors believe.”

Few Americans Buy Meds Online

Few Americans Buy Meds Online
“Few American adults have bought prescription drugs through the internet, despite rising drug costs and increased pressure to import cheaper drugs from abroad, according to a new study released Sunday. “

The Waning Of The Blockbuster Drug

The Waning Of The Blockbuster Drug
“What’s promising now are drugs that target niche diseases. That means painful restructuring ahead for Big Pharma “