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Drug Manufacturing Industry on an Explosive Journey |
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Drug Manufacturing Industry on an Explosive Journey
JOHANNESBURG, SOUTH AFRICA--(Marketwire - April 21, 2010) - www.rothmanresearch.com - Needless to say that the drug manufacturing industry is a multi-billion dollar industry that is set to experience ongoing growth mid- to long-term. With this anticipated industry growth and increased competition in the drug market, the number of mergers and acquisitions would be on the rise as major players will strive to become more aggressive in their attempt to boost their market presence by increasing their product-line through new acquisitions. This trend is not new within the industry, but it is certainly on an uptrend. Abbott Laboratories (NYSE: ABT), one of the major players within the pharma industry, has been one busy bee in the M & A front with its strings of broad-based acquisitions. Many experts believe that this sudden interest in M & A was triggered
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