Financial world tonight : pharmaceutical shares affected by Clinton administration.

Date:
1993
  • Audio

About this work

Description

The Clinton Administration is proposing health care reform, so over the past year pharmaceutical share prices have fallen. However, since they have not announced drug price controls, shares like Wellcome are now rising. As the population ages, drug use increases and government costs increase. The government is targetting drugs firms to reduce its costs. Consequently, companies are increasingly producing 'over-the-counter' drugs, to cut out the middle-man. Companies are also merging. Glaxo is in a joint venture with Wellcome. The most successful companies will have the best-differentiated products. If companies cannot afford research, the losers will be the patients.

Publication/Creation

London : BBC Radio 4, 1993.

Physical description

1 sound cassette (5 min.)

Notes

Broadcast on 19th August 1993

Creator/production credits

Presented by Tim Fawcett. Other participant is Alan Archer.

Copyright note

BBC Radio

Type/Technique

Languages

Where to find it

  • LocationStatusAccess
    Closed stores
    498A

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