Further to Pfizer's proposed acquisition of Wyeth announced last week, several other major pharma companies are expected to see significant changes. GlaxoSmithKline is expected to cut at least 6000 jobs worldwide. Sanofi-Aventis is believed to have approximately $26bn for acquisitions. Roche has lowered its offer for Genentech, appealing directly to the company's shareholders.
The Times
Financial Times
Financial Times
Tuesday 3 February 2009
Pharma changes to continue
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