Downturn in Pharmaceutical Stocks

[Rakesh Bhandari]

There is a short, informative history of anti monopoly measures (Kefauver,
etc) taken against the drug industry in Robert Teitelman *Profits of
Science: The American Marriage of Business and Technology*. See chapter 9
"Betting on Drug Discovery". Also discussed is how advances in
biotechnology promise to rationalize R and D, hitherto conducted on a
massive trial and error basis.

yours, rakesh