Title: M&Amp;A In Biotech Industry
|Date:||December 25, 2013|
|Length:||23 / 6666|
|No of views:||0|
|Essay rating:||good 0, average 0, bad 0 (total score: 0)|
This event caused a change in the structure of the pharmaceutical-biotech industry, primarily through a hike in M&A activity during the 80’s and the 90’s. The examined study found that large pharmaceutical firms that had gaps in their drug development pipeline tended to engage in acquisitions, while small biotech firms that experienced financial trouble tended to participate in M&A as targets...
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At the same time, small biotech firms that had promising drug development pipelines and healthy financials chose to grow organically. No significant positive effects of the event of the merger on operations were found after controlling for company’s merger propensity score.
“Formerly, when religion was strong and science weak, men mistook magic for medicine; now, when science is strong and religion weak, men mistake medicine for magic”
- Thomas Szasz
In the capitalist societies of the western world people have become increasingly aware of the importance of healthy life...
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