Tuesday, March 27, 2007

Boehringer Ingelheim CEO: "The Pfizer model is a failure"

The chief executive of independent German drug maker Boehringer Ingelheim said today that a merger and acquisitions strategy, as the one pursued by Pfizer, doesn't work.

"The Pfizer model is a failure," Alessandro Banchi stated, and his finance chief piled on: "We don't buy sales. We buy R&D."

Full story here.

1 comment:

Anonymous said...

Hi Peter. Neat site. I have linked to mine.

Paul