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Ten Drug Companies Plan Joint Research on Key Diseases

Ten of the world's biggest drug companies -- normally the most competitive of rivals -- are joining with U.S. health experts in an unusual new effort to develop treatments for major diseases.The agreement was announced Tuesday in Washington. It calls for the group to spend $230 million over the next five years as researchers look for cures for Alzheimer's disease, type 2 diabetes, and two autoimmune disorders, rheumatoid arthritis and lupus.The drug companies collectively have spent...

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