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Word: climbdown (lookup in dictionary) (lookup stats)
Dates: during 2001-2001
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Usage:

...Best Climbdown Under pressure to help countries ravaged by AIDS, pharmaceutical companies reversed their insistence that patented drugs be protected - and paid for - and agreed to supply cut-rate antiretroviral medicines in Africa. Poor nations in the region had long said the high cost of the drugs was taking a toll in human lives. Their case was later bolstered when the U.S. and Canada, fearing terrorist anthrax attacks, pressured German giant Bayer to sell Cipro, its anti-anthrax drug, at a steep discount...

Author: /time Magazine | Title: Business | 12/24/2001 | See Source »

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