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- Title
A walk through the Valley of Death.
- Authors
Paul, Mari
- Abstract
This article discusses the management of mergers in the biotechnology and biopharmaceuticals industry. The importance of leadership and the maintenance of employee morale during periods of transition is noted. Industry insiders, including BiPar Sciences Inc. chief executive Hoyoung Huh and Wilson Sonsini Goodrich & Rosati partner Casey McGlynn, comment on the importance of post-merger integration and the retention of managers who can maintain a sense of continuity throughout the merger process. The article concludes that treating a merger as a challenge which can accommodate leadership from the acquired company will ultimately strengthen corporate performance.
- Subjects
PHARMACEUTICAL industry management; PHARMACEUTICAL industry mergers; MERGERS &; acquisitions -- Social aspects; LEADERSHIP; BIPAR Sciences Inc.; WILSON Sonsini Goodrich &; Rosati (Company); HOYOUNG Huh; MCGLYNN, Casey
- Publication
Nature Biotechnology, 2008, Vol 26, Issue 7, p833
- ISSN
1087-0156
- Publication type
Article
- DOI
10.1038/nbt0708-833