US dominance creates an irresistible attraction

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Series Details 2.2.01, p8
Publication Date 02/02/2001
Content Type

Article forms part of a four part Financial Times: Survey: 'Europe reinvented', which analyses the political, economic and social transformation of Europe in the new century. European pharmaceuticals companies led the world in the 20th century. But the industry is frustrated with its fragmented market and R&D is shifting to the US, threatening Europe's position in a crucial sector.

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