Wednesday, June 17, 2009
Biotech's Merger Madness!
So just in case you haven't heard, basically every Biotech company has been bought out by a larger Biotech. Ok lets see how many i can come up with off the top of my head...Roche bought Ventana which bought Spring Bioscience, Thermo merged with Fisher Scientific (and managed to buy Lab Vision somewhere along the line), Leica bought Novacastra, i mean, the list goes on. My question is, i just read a Wired article on"The New Economy" that is supposed to arrive after this recession is over, and it talks about how in the future the most profitable and successful companies will be those that ha ve a niche market. Does that mean these ultra-huge biotechs that are emerging are doomed? Is the era of corporate Pac-man over?
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