Exact(7)
Spending on health care services (up 7.9 percent since late 2007, even after adjusting for inflation) and pharmaceuticals (up 5.5 percent) have risen considerably faster, according to data from IHS Global Insight.
It is likely to be replaced in the leading index by Jordanian drugmaker Hikma Pharmaceuticals, up 2p at £24.75.
Other advancing biotechnology stocks included Millennium Pharmaceuticals, which was up 30 17/64, to 173 5/8, and Incyte Pharmaceuticals, up 13 7/8, to 108 108.
Civilian aircraft exports are up 38 percent in the first eight months of 2012; telecommunications equipment up 7 percent; drilling and oilfield equipment up 24 percent; agricultural equipment up 23 percent; pharmaceuticals up 7 percent.
Admiral trades at a 2016 estimated PE of around 15 times supported by a yield of around 6%. Also on the rise was Hikma Pharmaceuticals, up 48p to £24.48, despite a fall in half year profits from $244m this time last year to $204m, as it confirmed full year revenue guidance for 6% growth.
Reimbursement of new pharmaceuticals up to now was based simply on registration data (efficacy, safety and quality parameters).
Similar(53)
With the exception of social support none of the measures of psychosocial workplace factors were related to redeemed prescriptions of antidepressant pharmaceuticals during up to four years of follow-up.
My few other winners include PowerShares Dynamic Pharmaceuticals (PJP), up 4%, and PowerShares DB US Dollar Bullish (UUP), up 3%.
In healthcare, far too many high value items such as furniture, unused medical products and pharmaceuticals end up as waste.
European studies have also expressed disquiet over the impact of pharmaceuticals building up in the environment, warning that an effect on wildlife and human health 'cannot be excluded'.
Wyeth Pharmaceuticals moves up from 19th position in 2005 to 11th in the present survey.
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