What is the Role of Mergers and Acquisitions (M&A) in the Pharmaceutical Industry?
Mergers and acquisitions are common strategies in the pharmaceutical industry to achieve growth and market expansion. M&A can help companies:
1. Expand Product Portfolios: Acquiring another company can provide access to new products and technologies. 2. Increase Market Share: M&A can enhance a company's market presence and competitive position. 3. Achieve Cost Synergies: Consolidation can lead to cost savings through economies of scale and more efficient operations. 4. Enhance R&D Capabilities: Acquisitions can provide access to innovative research and development pipelines.