Big Pharma steps up buying spree

Anyone who's been paying attention to the pharma business this year suspects that drugmakers are on a bigger-than-usual shopping spree. Now we know just how much bigger, thanks to Life Science Analytics. Pharma M&A is up by 20 percent so far this year as drugmakers scramble to refill depleted pipelines, push into emerging markets and diversify beyond prescription drugs, all in the name of combating the ongoing loss of sales to new generic versions of blockbuster meds. Pfizer topped the list of dealmaking drugmakers with 51 transactions as of October. Story