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Biopharma In 2014: Early Access Gains Offset Taxation, Pricing Woes

The year was marked by record levels of biopharma M&A activity and a strong IPO market. Measures designed to deliver early access to new medicines continued to advance on both sides of the Atlantic, while pricing came in for renewed attention as new, highly effective but extremely expensive products reached the market.

In 2014, the pace of change in the pharmaceutical industry was as frenetic as ever. This is hardly surprising when you consider the stakes involved.

In November, for example, a new report from the Tufts Center for the Study of Drug Development claimed that bringing a new prescription medicine to market takes more than a...

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