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Managing change in biotech: mergers and acquisitions

โœ Scribed by Rafferty, Mary Ann


Book ID
109903843
Publisher
Nature Publishing Group
Year
2007
Tongue
English
Weight
528 KB
Volume
25
Category
Article
ISSN
1087-0156

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## Abstract We examine the determinants and effects of M&A activity in the pharmaceutical/biotechnology industry using SDC data on 383 firms from 1988 to 2001. For large firms, mergers are a response to expected excess capacity due to patent expirations and gaps in a firm's product pipeline. For sm