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A few years ago, a book on pharmaceutical economics and policy would probably have been greeted with murmurs of polite interest from a few select areas of the health care community and then have been consigned to use as a reference by these sectors. The increasing importance of managed care, concern about the rate of increase in pharmaceutical prices, questions about a lag in the timing of new drug approvals in the United States as compared with Europe, and the increasing globalization of the U.S. economy have all served to focus attention on the pharmaceutical industry and its importance throughout
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