Теоретичні та прикладні питання економіки. Збірник наукових праць. Випуск 1/2 (40/41)

 

УДК 3.38, JEL G34

ORCID ID       0000-0002-2157-1422

0000-0002-8657-7278

0000-0002-6538-1241

DOI https://doi.org/10.17721/tppe.2020.41.4

 

Dvulit Z., Doctor of Economics, Professor

Lviv Polytechnic National University

Mykytiuk O., PhD in Economics , Docent

Taras Shevchenko National University of Kyiv

Onysenko T., PhD in Economics

Taras Shevchenko National University of Kyiv

Dvulit Z., Mykytiuk O., Onysenko T. FEATURES OF MERGERS AND ACQUISITIONS IN THE PHARMACEUTICAL INDUSTRY

FEATURES OF MERGERS AND ACQUISITIONS IN THE PHARMACEUTICAL INDUSTRY

 

Increasing mergers and acquisitions in the pharmaceutical industry have raised fears that unprecedented market concentration will weaken competition. Two of the most important concerns for the pharmaceutical industry are concerns that these mergers will reduce the market for new developments, and concerns that the combination of large marketing efforts and sales will increase the influence of individual pharmaceutical manufacturers and weaken competition in the industry.

This article argues that none of the above dangers are systematically justified. However, there is a potential risk of market concentration at the stage of regulatory approval of mergers and acquisitions.

The rapid development of the pharmaceutical industry in a pandemic leads to the need to combine interests. That is why the consideration of the topic of mergers and acquisitions on the example of the pharmaceutical industry is very relevant.

The article identifies how these structural changes contribute to the current wave of mergers among active pharmaceutical market participants and how the potential harm of competition can be reduced.

Keywords: merger, acquisition, merger agreements, pharmaceuticals, combination of interests, enterprise.

 

Full Text: PDF

DOI: https://doi.org/10.17721/tppe.2020.41.4