Prognosis '96 Pharmaceuticals
-- More providers are using medicine instead of surgery or psychotherapy.
-- Pressure against price hikes is easing, helping broaden profit margins.
-- Wider uses are being found for big sellers such as cholesterol-reducers.
-- With few new blockbusters, drugmakers will battle to sell more of what's already in the medicine cabinet.
-- Merging companies are jeopardizing their futures by cutting R&D.