Tag Archives: Genentech

Pharma Mega-Mergers: When you can’t innovate, merge

In April of 2009, Pfizer agreed to buyout Wyeth for $68 billion; Pfizer’s market cap at that time was just around $100 billion. The following month Merck trumped the Pfizer deal with a $41 billion merger with Schering-Plough. What was … Continue reading

Posted in BioTech/Pharma, Business | Tagged , , , , , , , , , , , , | Leave a comment