Big Pharma About to Take Its Medicine

"Sometimes I say the medication is even tougher than the illness." — Sanya Richards-Ross

Chart of the Day

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Not that it was ever easy, but heading up a major pharmaceutical corporation is a tough gig right now. The U.S. and European multinationals that dominate the space are about to confront a patent cliff: Over the next five years, patent protections on many of the blockbuster drugs that had driven revenues and earnings are set to expire, opening up the market for...

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