Desperation breeds opportunity…

January 12th, 2007

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Pfizer Inc., the world’s largest pharmaceuticals maker, and Merck & Co. may buy biotech companies to make up for a scarcity of experimental medicines and expiring patents for best-selling products. On the shopping list are companies with experimental compounds as well as those with new drug-development science and technologies, investors at the conference said.


Bloomberg: Drugmakers’ `Arms Race’ May Spur Biotech Deals in 2007

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