Recession.........2009

From the beginning of 2009 there have been many major Merger and Acquisitions not only in pharmaceutical but also biopharmaceutical industry, the reason being the major shift of global market to fill their pipelines with different kind of Monoclonal antibodies for cancer therapy and biological for treatment of different kind of viral diseases..........The major players in this segment are GSK, Pfizer, Johnson & Johnson, Merck, Gilead, Baxter, AstraZeneca to name a few.........We have many more major Mergers which are going to happen by Q1 of 2010.