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The Boston Globe

Business

Boston Capital

For thousands, new drugs are the gifts that matter

The crowd of biotech and small drug companies operating in Massachusetts are closely followed on these business pages as a vibrant industry capable of creating big profits and thousands of good jobs.

The focus — especially in this space — is on products and sales, whether they will drive stock prices higher or make a company attractive as a takeover target. The most successful new products — blockbusters — are defined more by commercial achievement ($1 billion in annual sales) than how they improve the lives of patients.

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