Blockbuster

(redirected from Blockbusters)
Also found in: Dictionary, Thesaurus, Medical, Legal, Idioms, Encyclopedia, Wikipedia.

Blockbuster

A real estate agent or company that convinces a homeowner to sell his/her property at a loss because racial and/or ethnic minorities are moving into the area. For example, a blockbuster may hire a Latino woman to walk around a neighborhood and act as though she lives there. Blockbusters seek both to profit from the resale of the house and to encourage people to buy homes in new developments. Blockbusting became common after desegregation, and became very controversial after its public exposure in the 1960s. By the 1980s, the practice had largely disappeared.
Mentioned in ?
References in periodicals archive ?
With fewer resources to drive primary care products and to invest in the 'arms race' in R&D, sales and marketing, most pharmaceutical companies must take steps to proactively replace their blockbuster strategies.
However, even with stagnating blockbuster strategies and market values already shifting to smaller pharmaceutical industry players - the likes of Novo Nordisk AS, Genentech, Inc, and Forest Laboratories Inc.
com/reports/c47802) has announced the addition of The Billion-Dollar Question: Which Emerging Agents Have Blockbuster Potential to their offering.
In 2005, more than half of the $405 billion worldwide pharmaceutical market was generated from sales of more than 100 blockbuster products.
Despite changes in the pharmaceutical industry and a marked slowdown in the number of new drugs launched, the blockbuster model of drug development is alive and well.
In this report, Decision Resources identify drugs that we believe will achieve blockbuster status during a 2005-2014 forecast period, presenting them by therapeutic area and describing each drug's mechanism of action, performance in clinical trials, strengths and weaknesses, and competitive opportunities and threats.
Between 2002-08, sales of blockbuster products are forecast to rise from $116,408m to $158,046m.