blockbuster drug
Definition
An extremely popular drug, usually one that generates annual sales of at least $1 billion. A blockbuster drug can be highly profitable, but it has some potential disadvantages. If the drug is discovered to have serious side effects, a company may actually lose money on it. Also, like all drugs, a blockbuster drug eventually loses patent coverage, and the company that developed the drug no longer has exclusive rights to it.
Related Articles
- Roth IRAs: Contributions, Withdrawals, Distributions etc. *
- The Federal Reserve Board of Governors *
- "Bear Spread" Stock Option Investment Strategy *
- Benefits and Risks Associated with Bonds *
- What to Consider when Choosing a Credit Card *
- Economic factors influencing currency trading *
- Splits and Buybacks Explained *
- Introduction to the Economy, Fiscal and Monetary Policy *
Related Videos
http://www.businessdictionary.com/definition/blockbuster-drug.html
