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The party's over: pharmaceutical shares

Article Abstract:

Pharmaceutical shares in the US and Britain have dropped in value, underperforming general stockmarket indexes by 20%. Reports criticizing the drug AZT has hurt some British firms, while drug-price controls proposed by the Clinton Administration is having a negative effect on US firms.

Publisher: Economist Newspaper Ltd.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1993

Pharmaceutical industry

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Grey matters: Zeneca/ICI

Article Abstract:

Most analysts and buyers found the initial offering of Zeneca Ltd. to be priced too high. ICI!Zeneca managers and their Salomon Bros issuers complain that the grey market encourages hedging and short-selling, which drives prices unfairly lower.

Publisher: Economist Newspaper Ltd.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1993

Stock-exchange, Stock exchanges, Imperial Chemical Industries PLC, Zeneca Ltd.

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Subjects list: United Kingdom, Securities

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