
Merger and acquisition activity in the pharmaceutical, biotechnology and generic drugs sectors continued steadily in 2013, but the days of mega mergers (such as the 2009 deals with Pfizer acquiring Wyeth for $68 billion and Merck & Co merging with Schering-Plough in a $41.1 billion deal) are clearly over, and perhaps never to be repeated, as the number of giant players has diminished.
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