The U.S. drug industry has a big reason to feel great like a man who has taken at least one a day. The industry's 10.6% profit margin last year was the highest in all of U.S. industry, comparing with 4.6% margin for automakers and 7.5% for oil companies. Yet the drugmakers seem to feel nervous, harassed and out of sorts. Reason: along with profit records, they have been hit by increasing controversy, stepped-up Government regulation, a bad public image and a tangle of lawsuits. Last week they got more unfavorable publicity...
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