Consolidation & Competition in the Life Sciences
Executive Summary
The recent merger of Amersham Life Sciences and Pharmacia Upjohn's Pharmacia Biotech creates the biggest player in the research-based biotechnology industry, with combined pro forma sales of $700 million. Will the deal lead to a wave of consolidation in the industry, as suppliers try to keep up with fewer, bigger, and ever more biotech-driven big pharma customers?