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ELLIOTT WAVE | January 5, 2004
Eon Labs, Another One To Watch
The price of pharmaceuticals and prescription drugs is far higher in the United States than in Canada, which has led many Canadian Pharmaceutical companies to tap the U.S. market via e-mail and offer cheaper prescription drugs. This is upsetting the drug industry, who look to the higher profits found in the U.S. market to cover research and development.
by Koos van der Merwe
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