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Pharma M&A versus alliances and its underlying value drivers

Language EnglishEnglish
Book Hardback
Book Pharma M&A versus alliances and its underlying value drivers Heiko Schon
Libristo code: 10026169
Publishers Peter Lang AG, September 2015
From a capital market perspective, the author analyzes Merger and Acquisitions transactions (M&A) an... Full description
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From a capital market perspective, the author analyzes Merger and Acquisitions transactions (M&A) and in-licensings in the pharmaceutical industry between 1998 and 2012. Utilizing the event study methodology, he shows that M&A experiences significant, negative cumulative average abnormal returns whereas in-licensings are able to create value.

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