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Pharma mega mergers? Just a sugar rush

Started by Joelle, November 19, 2008, 11:04:17 PM

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Joelle

Pharma mega mergers? Just a sugar rush
      


Big pharma mega mergers are no way to escape looming loss of exclusivity on key drugs and pressure on prices. In fact, they're the last refuge of CEOs running out of ideas, reckons Bayer HealthCare's chief Arthur Higgins.
 
"I think the tendency is, when you're short of ideas, to go for a quick fix. It's a little like myself [...]
         

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