Researchers cite the inability to reproduce academic studies as a leading cause in the decline of the success rate of phase two clinical trials.

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And finally, by what he called shepherding us through this phase of accelerated American decline, they don't mean to stronger, sunnier days ahead the way Reagan talked about it, they mean to weaker, darker days of diminished power.

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Big companies are in decline because they have gone through their innovative phase and are now failing by and large to see themselves as conduits of innovation.

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If there is a decline in motivation, it may mean that an exceptional phase in the history of American higher education is coming to an end.

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When Lilly released results of its Phase III Expedition trials two months ago, the findings indicated that cognitive decline was slowed by 42 percent in patients in the early stages of the disease in one trial, and there were also positive signs from another trial, although the showing was not statistically significant.

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It predicted a general decline in domestic production of natural gas through 2010, with the ultimate possibility of its phase-out as a significant fuel.

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The jobless initiative appears to be phase two of the government's strategy to stem Britain's startlingly dire economic decline, the first being Gordon Brown's announcement in October to invest government money in cash-strapped British banks, including Royal Bank of Scotland and Lloyds TSB.

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While its growth phase might be behind it, Medtronic offers a solid dividend and sales that are unlikely to decline, he says.

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However, he says, Europe is entering a phase where raw material costs could increase while the availability for cheap labor around the world will decline.

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