Drug Firms Face Down Economy | May 18, 2009 Issue - Vol. 87 Issue 20 | Chemical & Engineering News
 
 
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Volume 87 Issue 20 | pp. 24-26
Issue Date: May 18, 2009

Drug Firms Face Down Economy

Economic repercussions took a toll on first-quarter sales and earnings
Department: Business | Collection: Economy
FLAGSHIP FIRM
Roche's buyout of Genentech takes a leading biotech firm off the earnings list.
Credit: Roche

THE GLOBAL financial decline that started in late 2008 slid even further during the first quarter of 2009. Most drug companies already had cost-cutting programs . . .

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