Analysis: Risk-averse companies are reducing drug R&D deals

01/14/2010 | Reuters

Pharmaceutical companies' reluctance to take risks and make deals with small drug developers and biotech firms is stalling the pace of research-and-development partnerships, analysts said. Major acquisitions, such as the Pfizer-Wyeth merger, or smaller companies' reduced access to capital might be contributing to the situation, said Hari Kumar, chief business officer at Amira Pharmaceuticals.

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