Word: driven
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...medicine to market - is what drives the industry's volatility. Biotech stocks soared in 1990-91 amid a flood of early-stage drug hype and ipos. The vast majority of the drugs and companies soon failed, and the stocks crashed. Another bubble surfaced in 1999-2000, largely driven by excitement over the mapping of the human genome. In the 18 months before March 2000, the American Stock Exchange's biotech index rose 563% while the nasdaq rose 238%. Both plunged in the next two years. Now biotech is hot again. Since the stock market started to find its footing last...
...amid a flood of early-stage drug hype and IPOs. The vast majority of the drugs and companies soon failed, and the stocks crashed. Another bubble surfaced in 1999-2000. While everyone was focused on the run-up in Internet stocks, biotech shares rose twice as fast, largely driven by excitement over the mapping of the human genome. In the 18 months before March 2000, the American Stock Exchange's biotech index rose 563% while the NASDAQ rose 238%. Both plunged in the next two years...
...morale problems at the New York Times that began with the Jayson Blair affair [PRESS, June 16] are familiar to those who work at daily newspapers in an era of takeovers by large corporations. New management teams move in, and newsroom decisions are driven largely by a system that rewards those who embrace the corporate leadership. In too many cases, the changes result in a loss of newsroom morale and the departure of many journalists. That is a bad thing in itself, but a greater loss is the decreased coverage of events in the newspaper's community and the damage...
...trade, investment, democracy, development and the moral obligation of preventing mass bloodshed may dominate many of the speeches, Mr. Bush is first and foremost a national-security president. His agenda in Africa remains grounded in his priority of defending the realm, and the increased U.S. engagement in Africa is driven by two familiar strategic concerns: Oil and terrorism...
Unfortunately, the communities aren't immune to the prejudices that plague society at large. At the Palms, located on a quiet suburban street near a Baptist church, teenagers on a couple of random occasions have driven by the entrance screaming homophobic epithets. Another time, the decorative concrete seahorses next to the pond were overturned at night. "We have to be careful not to label things automatically as homophobia. The vandalism could just have been mischievous kids," resident Ernie Settanni says...