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Biotech flourishes in 2005 while Big Pharma is on the decline

me off in patent in the next few years and with few potential new blockbusters in the works. M&A activity, except for J&J's go at medical device company Guidant (which almost failed when Boston Scientific took a run at Guidant itself) was limited to smaller biotech companies with the focus on acquiring new products at hefty prices. The one exception was Novartis' acquisition of Chiron, a company f......

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Source:wistechnology.com By Michael Rosen 01/04/06


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