I bet you are expecting me to rant and rave about M&A-focused business plans and how they are to blame for just about everything that is wrong with the biotech industry. Well, I guess I will a little, but I’m going to take a slightly different approach this time or you’ll probably quit reading my opinion pieces. So why not step back and look at this financial board game a little differently, where you consider employees to be a far better long-term investment than any company or technology you can buy?
Tag: <span>m&a</span>
Thankfully, recent market fluctuations have made M&As less attractive, and we can see more firms committed to building the businesses they already have, and developing strategic partners instead of acquisition targets. For this issue, I want to address the developments that may mean we are entering some lofty times in the biotech industry…
While I could be deluding myself with wishful thinking, I may be seeing the “new normal” evolving for the biotech industry. The “new normal” may very well be that the mass closing of R&D facilities and the cancellation of major programs is freeing up the CSOs and other entrepreneurs who will start their own companies…
