Word: multibillion-dollar
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...thousands of Iraqis have been killed - Iraq's natural resources are only now emerging as spoils of war. As U.S. troops prepare to withdraw from the country next year, some of the world's biggest energy companies, among them ExxonMobil and Royal Dutch Shell, are racing to lock up multibillion-dollar deals with officials in Baghdad that will allow them to exploit the country's giant oil fields. The deals will not only allow Big Oil to return to Iraq for the first time since Saddam nationalized the industry in 1972. By modernizing a production system wrecked by conflict...
Plain old niacin--a B vitamin--may be better at unclogging arteries than an ingredient in Merck's multibillion-dollar cholesterol drugs Zetia and Vytorin, according to a recent study. It's the third trial in two years to question the pills' effectiveness. Patients are growing skittish: sales of both drugs fell to $4.56 billion in 2008, down 12% from the year before...
...Part of that reservation may have had something to do with Karzai's two Vice Presidents also being sworn in, Mohammad Qasim Fahim and Karim Khalili. Both have been accused by Afghan civil-society groups of egregious human-rights abuses, and one has been closely linked to Afghanistan's multibillion-dollar drug trade. In the audience was Karzai's close supporter, former warlord General Abdul Rashid Dostum, who has been accused of massacring thousands of Taliban prisoners in 2001, soon after the U.S.'s arrival. Even if Karzai is committed to cracking down on corruption and strengthening the rule...
That doesn't keep drugmakers from trying to develop a treatment, seduced by the prospect of a multibillion-dollar blockbuster that could be even bigger than Viagra and its competitors combined. At a European conference for sexual medicine on Monday, a German pharmaceutical company presented results from a pivotal phase III clinical trial in North America and announced that it had found a drug that works. "We saw an increase in sexually satisfying events, an increase in desire and a decrease in distress. When we look at this against a backdrop of a common and distressing problem that affects...
...multibillion-dollar United States Superconducting Supercollider, which was designed to search for the Higgs, was abruptly canceled by Congress. In 2000, scientists at a previous CERN accelerator, LEP, said they were on the verge of discovering the particle when, again, funding dried up. And now there's the LHC. Originally scheduled to start operating in 2006, it has been hit with a series of delays and setbacks, including a sudden explosion between two magnets nine days after the accelerator was first turned on, the arrest of one of its contributing physicists on suspicion of terrorist activity and, most recently...