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Genomics
Beginning of Paper
The Impact of on the World’s Economy
, the science of manipulating, building, studying, and designing molecules, is going to change the face of the world’s economy as we know it. Companies are rushing to adapt to the rapidly changing economic environment as new discoveries are .... Middle of Paper .... Two pharmaceutical companies, Sandoz and Ciba-Geigy, merged to create a new company, Novartis. The largest pharmaceutical merger in history, this new company is valued at over $100 billion. A near merger between Glaxo and SmithKline would have created the world’s third largest company, with a budget large enough to fund the estimated cost of sequencing the human genome. Its capitalization would have been larger than the annual gross national product of some 143 of the world’s nations (Enriquez 925).
These mergers also allow the co ....
764 words | 3 pages
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