Pharma Consolidation

Since Christmas Eve, there have been five major mergers in the pharmaceutical industry with a total price close to $41 billion. Mergers have always been common in the pharmaceutical world, but this current wave represents something new, says University of California-Hastings law professor Robin Feldman. Feldman is the author of “Drugs, Money, & Secret Handshakes: The Unstoppable Growth of Prescription Drug Prices" Robin Feldman.