Bowman, Robert G; Navissi, Farshid; Burgess, Richard C - In: Journal of Financial Research 23 (2000) 4, pp. 411-20
During the 1992 U.S. presidential campaign and immediately after, the pharmaceutical industry was subjected to regulatory threats. It was charged with high drug costs, high advertising expense, and insufficient expenditure on research and development (R&D) to develop better drugs. We examine...