48.
(A) Generally speaking, the life science industry does not respond very much to economic
changes. For some time, it has been enjoying a rather stable demand. Now, however, the
sector is affected by pessimism in business expectations.
(B) It has suffered from severe
losses made by some companies and wrong decisions made in the development of new drugs in
recent years.
(C) Business performance remains strong as the elderly people in the aging
population continue to buy healthcare goods and services.
(D) The industry is faced with a
great challenge. How to survive and prosper despite the bad times?