Valeria Graffeo

M&A in Pharma Valeria Graffeo

Today Mergers and Acquisitions (M& A) are often considered the most efficient and rapid way for organisations to transform their business and keep up with a constantly changing environment. And, because of the pressure from globalisation, companies will continue to pursue these opportunities in order to remain fruitful and innovative regardless of market fluctuations and economic variations. In this regard, the pharmaceutical industry is probably one of the first that comes to mind. Over the past twenty years or so, the concept of scale economy along with the need of continuously pursuing technological innovation have become more and more prominent in the Pharma world. A growing trend has been observed in this industry in the recent years, with an increasing number of mergers and acquisitions taking place across all geographies and therapeutic areas, thanks to a particularly favourable Regulatory environment, convenient interest rates and important tax reforms. The objective of this book is to analyse the different aspects that characterise mergers and acquisitions in the Pharmaceutical Industry to help the reader build a broader perspective of the subject and the most critical aspects to consider when evaluating a deal.