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DewDiligence

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DewDiligence

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Re: corpstrat post# 74623

Monday, 03/16/2009 3:35:06 PM

Monday, March 16, 2009 3:35:06 PM

Post# of 257262

will you admit that pharma M&A will greatly reduce R&D spend?

No, I do not agree that pharma M&A per se will greatly reduce aggregate R&D expenditures. Moreover, I don't think it's automatic that M&A per se will reduce aggregate R&D expenditures to any degree.


“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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