Word: launchful
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...secret? An aggressive expansion in the U.S. and an innovative approach to R. and D. Novartis has launched nine groundbreaking drugs since 2000--three times as many as its nearest competitor--and plans to launch 12 more by 2006. The company's relatively low debt and ample cash reserves have earned it a credit rating of AAA from Moody's. Morningstar analyst Todd Lebor praises the company's "excellent financial disclosure and conservative accounting" and notes that it has no unconsolidated debt. Pfizer's announcement last week that it will merge with Pharmacia sent several drugmakers looking for partners...
That expansion was partly in preparation for the launch of a potential blockbuster drug called Zelnorm, aimed at irritable bowel syndrome, for which there are few treatments. But the FDA, expressing concern about Zelnorm's side effects, rejected the application, asking for more data. In the short term, says Morgan Stanley analyst Duncan Moore, Novartis' prospects for robust growth depend heavily on the FDA's reversing its ruling on Zelnorm and approving an anti-inflammatory drug named Prexige, which Novartis plans to submit to the agency toward the end of this year...
...gathering of the converted," but it's an e-gathering with punch. In two years it's amassed 211,000 members. Members sign petitions, write letters and donate: earlier this year, GetUp raised $250,000 in 72 hours for a TV ad campaign. And this week the group will launch howshouldivote.com.au, offering an online survey to match voters with the candidate who best suits their views. "We see our role as reducing the space between citizens and the people who want to represent them," says executive director Brett Solomon, who calls members "progressive" rather than Labor supporters...
...Chief of Army Staff during a smaller conflict between the two countries in 1999, a bloody tussle that some feared might go nuclear as both India and Pakistan had just carried out nuclear tests and had - and continue to have - the ability to launch nuclear strikes. After the 9/11 attacks on the U.S. in 2001, Musharraf aligned himself with President Bush, who has consistently called the Pakistani leader one of America's most important allies in the war against terrorism. For years, he had enjoyed acclaim for his reputation for incorruptibility as well as for getting the U.S. to lift...
...local militants have grown stronger. Last year, after failing to quash the insurgency militarily, the Pakistani army signed a brief cease-fire deal with some of the militant groups. The fighting has since resumed. U.S. intelligence agencies believe al-Qaeda has now rebuilt to the point where it could launch fresh attacks against America...