Sunday, May 06, 2012

Pharma consolidation!

Good Morning Bangalore!.....India.......i have started loving Bangalore because of many things but majorly because of its climate and good Volvo services :)
Last to last week when Astra zenaca CEO stepped down after series of failures in strategic decisions...there were humors that GSK in eyeing on Astra, Both of then are Europe based companies and if this merger happens, it will help GSK to penetrate Europe and access to R&D in APAC region.......I assume that after 10 years all the Top 20 to 30 companies will be subsidiary of the Top 10 and i am just here to watch the consolidation of the Pharma industry......Might be case that Novartis mights increse its stakes in Roche and might even make it as its Biological subsidiary.......We never know what will be the consequences......but the shrinkage and consolidation of Pharma across the globe has started........