Do Pharmaceutical Mergers Harm Drug Innovation?

Business & Finance
Cover of the book Do Pharmaceutical Mergers Harm Drug Innovation? by Jan Schmidt, GRIN Verlag
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Jan Schmidt ISBN: 9783656962168
Publisher: GRIN Verlag Publication: May 15, 2015
Imprint: GRIN Verlag Language: English
Author: Jan Schmidt
ISBN: 9783656962168
Publisher: GRIN Verlag
Publication: May 15, 2015
Imprint: GRIN Verlag
Language: English

Master's Thesis from the year 2013 in the subject Business economics - Miscellaneous, grade: 8,5 (NL, äquivalent zu 1,2), Utrecht University (Law, Economics and Governance), course: Mergers & Akquisitions, language: English, abstract: The number and volume of pharmaceutical companies' mergers and acquisitions have reached exorbitant magnitudes in the last decade, with estimations of over 1,300 deals worth US$ 690 billion between 2000 and 2009.1 The biggest transaction, valued at US$ 66.7 billion2, occurred in 2009 when Pfizer bought Wyeth. The sheer dimension of transactions in this sector, being subject to significant public interest, poses questions about the motivations behind these deals, which are mostly believed to be countermeasures for patent expirations, as well as the impact on drug innovation. Even though, the regular object of interest regarding mergers is the shareholder value, in this specific case drug innovation is of particular interest as it does not only influence the future prospects of the pharmaceutical companies but also long term public health. Hence, the objective of this thesis is to discover what the impact of pharmaceutical mergers on R&D intensity and efficiency of the acquiring organization and on the pharmaceutical industry as a whole is.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Master's Thesis from the year 2013 in the subject Business economics - Miscellaneous, grade: 8,5 (NL, äquivalent zu 1,2), Utrecht University (Law, Economics and Governance), course: Mergers & Akquisitions, language: English, abstract: The number and volume of pharmaceutical companies' mergers and acquisitions have reached exorbitant magnitudes in the last decade, with estimations of over 1,300 deals worth US$ 690 billion between 2000 and 2009.1 The biggest transaction, valued at US$ 66.7 billion2, occurred in 2009 when Pfizer bought Wyeth. The sheer dimension of transactions in this sector, being subject to significant public interest, poses questions about the motivations behind these deals, which are mostly believed to be countermeasures for patent expirations, as well as the impact on drug innovation. Even though, the regular object of interest regarding mergers is the shareholder value, in this specific case drug innovation is of particular interest as it does not only influence the future prospects of the pharmaceutical companies but also long term public health. Hence, the objective of this thesis is to discover what the impact of pharmaceutical mergers on R&D intensity and efficiency of the acquiring organization and on the pharmaceutical industry as a whole is.

More books from GRIN Verlag

Cover of the book Otto der Große und das Reich by Jan Schmidt
Cover of the book Analysis of the Communicative Situation in Aphra Behn's 'The Rover' Using Speech Act Theory, Grice's Maxims of Conversation and Relevance Theory by Jan Schmidt
Cover of the book Semantisches Web by Jan Schmidt
Cover of the book Die Problematik von Regionalflughäfen, dargestellt am Beispiel des Flughafens Mönchengladbach by Jan Schmidt
Cover of the book Das Heilpädagogische Reiten und Voltigieren und das Medium Pferd in der Arbeit mit verhaltensauffälligen Kindern by Jan Schmidt
Cover of the book Psychometrische Fundierung der 'Fatigue Skala' by Jan Schmidt
Cover of the book Options- und Vorkaufsrechtsgestaltung - Zustimmungsrechte und -pflichten by Jan Schmidt
Cover of the book Wir sind wieder wer! 'Das Wunder von Bern' und seine Wirkung auf die deutsche Gesellschaft der 50er Jahre by Jan Schmidt
Cover of the book Das Kirchensteuersystem in der Bundesrepublik Deutschland by Jan Schmidt
Cover of the book Sinn und Notwendigkeit strafrechtlichen Schutzes vor Bedrohung, Verfolgung und Gewalt: am Beispiel der Stalking-Entwürfe und des Gewaltschutzgesetzes by Jan Schmidt
Cover of the book Vorauswahl von Bewerbungsunterlagen (Unterweisungsentwurf Industriekaufmann / -kauffrau) by Jan Schmidt
Cover of the book Frauenfiguren in 'Fröken Julie' und 'Et dukkehjem' by Jan Schmidt
Cover of the book Angststörungen im Kindes- und Jugendalter by Jan Schmidt
Cover of the book Der Fähigkeiten-Ansatz Amartya Sens und das Problem der Arbeitslosigkeit by Jan Schmidt
Cover of the book Nachkriegsdeutschland im Spannungsfeld des Kalten Krieges by Jan Schmidt
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy