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Pharmaceutical companies have always had a ready defense for high prices: given the hefty costs of drug development and the high chances of failure, they argue, big profits are necessary in order to fund continued R&D. Defending Xalatan’s price tag, a Pharmacia exec (that company has since been bought out by Pfizer) told the New York Times, “We are bringing forth innovation . . . and innovation always brings a premium.” True, but how much incentive do these companies really need? After all, taxpayer dollars paid for 85 percent of the basic...
According to Stanford Library Assistant Director Andrew Herkovic, these services were not worth their nearly $20,000 annual price tag...
ROME The weekend getaway is the spring shopping theme, and Giorgio Armani's calfskin overnight bag, left, is a hot item in black, white or camel ($2,140). The bag has a chic display slot in the center for an identification tag...
...firm that's losing market share. The bid deadline was Friday, but no one would confirm a Vodafone offer; some say AT&T's 22 million customers come at too high a price. ABN Amro analyst Jamie Mariani calls the merger idea "nonsense,'' arguing that the $35 billion price tag, plus $8 billion in AT&T debt, would obliterate any benefits. And to make a deal Vodafone would have to wriggle out of its noncompete accord with Verizon, the U.S. leader, by agreeing to dump its 45% of Verizon stock. AT&T should pick a suitor by month...
Symonds cited the difficulty of pursuing a major construction project in a space as tight and crowded as Holyoke Street, where the building is located, as the principle reason for the sizable price tag...