Mennen & Abayomi 
Mergers and Acquisitions in the Global Pharmaceutical Industry [EPUB ebook] 

Project Report from the year 2006 in the subject Communications — Public Relations, Advertising, Marketing, Social Media, grade: 65 % — B, University of Sunderland, course: Global Corporate Strategy, language: English, abstract: Mergers and acquisitions are of major importance in the pharmaceutical industry. In order to evaluate the dynamics of this particular industry, this paper critically evaluates the pre- and post- merger situation of Glaxo Smith Kline concerning its ready-access to markets, know-how and management capability. Furthermore, strengths and weaknesses and merger’s outcomes will be outlined. Critical push and pull factors affecting M&A activity in North America will be analysed, using Pfizer and Pharmacia as an example. In addition, general reasons for M&A failure in the pharmaceutical industry will be illustrated focussing on the M&A activity of Glaxo Smith Kline. Finally, using two global pharmaceutical players (GSK and Astrazeneca), the merits and demerits of the Mc Kinsey’s five step programme will be discussed.