During subsequent reformulations of the Dow Jones Industrial Average, laggards were replaced with other leaders of the time.

FORBES: Roll With The Cycles, Grab Some Cisco While It's Cheap Again

Most of the new can liners are actually reformulations of the lacquers used before epoxy took over in the 1970s.

ECONOMIST: The plastics industry��s Pyrrhic victory

Companies of course tend to crow about product reformulations, but that is often the case when they improve the formulation, not diminish it.

FORBES: Maker's Mark's Plain Dumb Move Proved To Be Pure Marketing Genius

The numbers reveal an ailing industry: FDA approvals of totally new drugs (not mere reformulations of old ones) are down from a high of 53 in 1996 to 27 last year.

FORBES: Crisis in the Cabinet