Monday, November 21, 2005

Four little whispers

Just whispers, nothing more:

Pfizer to buy Serono.

Merck to buy Schering Plough.

GSK to buy AstraZeneca.

Novartis to buy Altana.

Insider is merely passing on gossip received here. But, as he has mentioned previously, the elements are all in place for another round of consolidation within Big Pharma. These takeovers would then allow for major industry job losses as part of "synergy savings" rather than blatant layoffs.

Lets wait and see.

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