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Ahaviah Glaser, director of the Prescription Access Litigation project, says that consumers are tired of waiting for legislators to make drugs more accessible, and have simply taken matters into their own hands.With waves of blockbuster drugs going off patent, and problems over getting their successors to market, tough questions about prices are the last thing drug companies want.
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In the 1960s and 1970s, the first wave of blockbuster drugs for ulcers and high blood pressure came to market, drugs that treat or even prevent chronic conditions and are therefore taken for years.
When the last major wave of "blockbuster" psychiatric drugs such as Prozac arrived on the market in the late 1980s and 90s, they ushered in a new era in the treatment of depression.
Its merger deal may set the stage for a second round of consolidation in the industry after a recent wave of blockbuster deals that occurred as the nation's biggest banks swallowed troubled competitors.
The pharmaceutical unit's main attraction is its rheumatoid arthritis drug, D2E7, which analysts expect to be among the next wave of blockbuster drugs, bringing in $1 billion in annual sales.
And a coming wave of blockbuster drug patent expirations is expected to cost the industry tens of billions in lost revenues.
Though it was just one of a tidal wave of sociological blockbusters published in 1970, including Charles A. Reich's "The Greening of America" and Alvin Toffler's "Future Shock," "The Pursuit of Loneliness" earned Mr. Slater rave notices.
Rather than leave the emergence of "new-wave" technologies to chance, all the major industrial countries nowadays have armies of skilled R&D workers sifting the data in pursuit of blockbuster technologies capable of carving out wholly new markets.
The end of blockbuster drugs?
DNA may take a leading role in a future generation of blockbuster therapeutics.
It's also part of the economics of blockbuster gaming.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com