Thursday, April 14, 2011

"They do it because they can"

"So what if the balance of power is skewed in favor of Big Pharma? So what if pharma companies walk away from buyout deals after months of negotiations? They do it because they can. And so what if biotechs are accepting buyout offers with unfavorable terms? It just reflects how weak biotechs and their venture capital backers have become." Bruce V. Bigelow 4/12/11


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