Analysts cross fingers for return of biopharma M&As


NEW YORK: Wall Street is holding its breath for the rekindling of mergers and acquisitions (M&As) across the biotechnology and pharmaceutical sector after 2017 led to a pause in deal-making.

Tax reform, particularly a lower levy on US companies’ overseas cash, may be the key to driving the return of M&A in 2018.

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Business , biopharma , acquisition , 2018

   

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