Pfizer acquisition of Allergan – last of the big spenders?
...different approaches needed Pfizer’s planned acquisition of Allergan in a US$160 billion stock deal – the largest ever in the pharmaceutical sector, and one which will create the world’s biggest pharma company based on prescription sales – has prompted speculation about another round of major merger and acquisition activity in the drug industry. M&A activity in previous decades changed the face of ‘big pharma’, decimating the number of leading companies so that the top pha
