Equity Research on Abbott Laboratories and GlaxoSmithKline plc – Drug Makers Contending With Development Costs

Posted: Published on September 28th, 2012

This post was added by Dr P. Richardson

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Many major drug manufacturers are struggling to grow profits at this time as development costs continue to escalate, competition remains strong and demand levels stay relatively flat. Get your free reports on Abbott Laboratories and GlaxoSmithKline plc at http://www.ShinesRooms.com/index.php?_controller=RegisterMember&_method=index. There is no commitment to join.

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New industry efforts to curb development costs may lead to long-term savings. A new company, Transcelerate Biopharma, is being formed with the specific aim of improving five key areas of clinical trials. Transcelerate intends to register as a non-profit and already has the support of some of the industry's leaders including Abbott Laboratories and GlaxoSmithKline plc. Abbott Laboratories report is accessible for free by registering today at http://www.ShinesRooms.com/AbbottLaboratories270912.pdf

The above efforts could bring down costs in the long-term but the short-term still remains a concern. Drug manufacturers are employing a variety of strategies to grow revenues from existing drugs to lessen dependency on getting new ones to market. GlaxoSmithKline, for example, is currently aiming to expand the label of its Synflorix in the European Union. Others are focusing more on getting their drugs into new markets where the threat of competition is lower. GlaxoSmithKline plc report is accessible for free by registering today at http://www.ShinesRooms.com/GlaxoSmithKlineplc270912.pdf

The two Drug Manufacturers - Major stocks research reports are available for free by signing up now on the link below. http://www.ShinesRooms.com

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Equity Research on Abbott Laboratories and GlaxoSmithKline plc - Drug Makers Contending With Development Costs

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