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Sunday, September 11, 2005
Leading Biotech Companies Are Interested In Acquisition Of Smaller Companies
Leading Biotech Companies Are Interested In Acquisition Of Smaller Companies
Leading Biotech Companies Are Interested In Acquisition Of Smaller Companies
Leading biotech companies like Pfizer are increasingly interested in acquisition of smaller biotech companies whose products are in the early phase 2 clinical trials. “Smaller companies are more willing to consider acquisition then they used to be,” notes Roger Longman, Managing Partner at Healthcare business information specialist for Windhover information. The possibilities of going public after acquisition is very high for these small companies and is one of these reasons these companies are considering a big pharma buy out.
This year lot of companies have choose acquisition – San Diego based Idun Pharmaceutical and Syrix Pharmaceuticals (Pfizer), TransForm Pharmaceuticals and NeoGenesis, both located outside Botson (Johnson & Johnson and Scherring-Plough).
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