Since 2000 the Stock market valuation of the ‘Big Pharma’ companies has dropped sharply. Discuss the causes of the pharmaceutical industry’s current problems and steps that companies are taking to tackle them. By Ali Asgar Kagzi In 1990s‚ pharmaceutical companies were one of the leading shareholder value creators at the stock market. By 1998 the P/E ratio of the Big Pharma companies was twice that of the global stock market and there was a sudden rush among the investors to have a share of
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The Freedman’s Bureau: The Rescue For The People For the freed slaves during Reconstruction after the Civil War that lasted from 1861 until 1865‚ the Freedman’s Bureau provided many resources to promote the welfare of the freed slaves. Since the Freedman’s Bureau brought families back together‚ created educational opportunities for blacks‚ and used the church as a means of social integration‚ this shows that the Freedman’s Bureau thought that these three elements were important in order to integrate
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knowledge is the debate between what one can receive “credit” of knowledge for when obtaining new information. Considering various forms of luck and modes of obtaining knowledge‚ the issue of whether or not getting credit for knowing something is a requirement for knowledge itself is something that is highly debated by Jennifer Lackey‚ Jonathan Kvanvig‚ and Wayne Riggs‚ who have opposing views on the matter. In Wayne Riggs’ paper‚ “Two Problems of Easy Credit‚” Riggs argues against both Lackey’s and Kvanvig’s
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Child Labor Child Labor is a fairly big problem in the U.S. as well as many other countries. Children all over are being forced to work in factories or other harmful environments and so to put an end to it‚ our government created a law determining the age required for children to be able to start working in order to protect them. Except there is one problem with the new law. Children are now not capable of applying for a job‚ no matter how much they aspire to get one. If children were allowed to
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Worksheet — Summary of identified misstatements Entity Period ended 335 Page 1 of 2 Objective: To document misstatements identified during the audit and to evaluate: - The effect of identified misstatements on the audit. - The effect of uncorrected misstatements‚ if any‚ on the financial statements. Performance materiality Insignificant misstatements under $ need not be recorded below. Amount of over (under) misstatement in the financial statements Circumstances of occurrence
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successfully advocates for legislation to protect children. In 1920‚ Children’s Bureau was a vital partner in starting the community chest‚ which is now known as the United Way. Children’s Bureau began to recruit and train foster parents and established its own training program from social workers. The agency becomes one of the first professional providers of foster care in the nation. 10 years later Children’s Bureau opens their first shelter for homeless and abused children. They also played a key
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Documentary letter of credit When a buyer in one country wants to pay a seller abroad he asks his bank to «issue» or to «open» a letter of credit. It means that the buyer’s bank issues a documentary letter of credit. It is an agreement with banks‚ made by a buyer‚ provided certain conditions are fulfilled. The issuing bank asks its correspondent bank — usually in the seller’s country — to advise and confirm the credit. The advising bank informs the seller that the credit has been opened. As soon
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Jarron Brind Young people’s issues essay Youths these days have a lot of problems dealing with stress‚ depression‚ family issues and a lot more‚ most of the problems that cause stress are in school and college. Young people’s lives can be complicated and affected by many issues which can impact on their well-being. The stress of school life‚ particularly at exam times‚ can be hard to manage and can lead some people to feel very anxious and over loaded. Teenagers are aware that they need to
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The big city is a place where crowds of people‚ many cars‚ building and different types of business can be found. The place where luxury and light attracts people. The various reasons why people live in a big city are for the excitement‚ the opportunity‚ as well as for the modernized life. Firstly‚ people live in a big city for the excitement. For example‚ there are a lot of social places in the big cities like restaurant‚ museums‚ stadiums‚ movie theatres‚ amusement parks‚ clubs and school ; where
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The formation of the FBI goes back to a group of special agents created in 1908‚ by Attorney General Charles Bonaparte‚ under President Theodore Roosevelt. It sprung up during the Progressive Era‚ a time when people supported a crime intervention team and believed government intervention was necessary in this type of society. Congress was also very supportive toward the Attorney General’s plan. They enacted a law preventing the Department of Justice from engaging in secret service operatives‚ giving
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