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Terrorism's Impact on the Drug Industry

Executive Summary

Terrorism has lowered investors' tolerance for risk. Investors aren't willing to accept as they have in the past the traditional uncertainties of biopharmaceutical investing. Instead, they are looking for companies that understand how to manage all risk, starting with technology and extending into partnering potential, the regulatory arena, and the marketplace. Beyond these visible dangers lies a subtle one: the societal risk posed by the drug industry's aggressive pricing strategies.

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