Wave of Mergers Hits Pharmaceutical Industry
On Monday, Merck announced plans to acquire Schering-Plough, just as Roche reportedly moved closer to a deal to acquire San Francisco-based Genentech.Â Pfizer announced plans to take over Wyeth in January.
- "Big Pharma Bulks Up With Merck-Schering Deal" (Heisel, Los Angeles Times, 3/10).
- "Deal for Roche To Buy Genentech May Be Near" (Boudreau, San Jose Mercury News, 3/9).
- "Roche-Genentech Deal Called Close" (Abate, San Francisco Chronicle, 3/10).
- "Merck, Schering Plough To Merge in $41 Billion Deal" (Kaufman, "Morning Edition," NPR, 3/10).