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Published on FierceBiotech (http://www.fiercebiotech.com)

Analysts predict more M&A as capital shrinks

By john
Created Jul 3 2008 - 10:07am

A shortage of new money is likely to drive more and more life sciences companies into mergers and acquisitions [0], say some of the industry's top analysts. Money raised from IPOs, venture capital companies and stock sales dropped to a meager $6.5 billion in the first half of this year, less than a third of the amount posted in the first half of last year. And they cited Invitrogen's acquisition of Applied Biosystems as a prime example of what lies ahead.

Two bright spots: Expanding markets in China and India [1] will help the field as the U.S. economy softens and federal funding of the NIH will grow regardless of who is elected.

- check out the AP report [2]

Related Articls:
Biotech M&A has yet to reach its peak [2]
Should Pharma take the M&A cure? [3]
Pharma goes mad for biotech deals [4]
Burrill bullish on M&As [4]
M&A activity heats up as biotech IPOs struggle [4]


Source URL:
http://www.fiercebiotech.com/story/analysts-predict-more-m-capital-shrinks/2008-07-03