Matthew Mahady

Despite the rocky global economy-or perhaps because of it-consolidation in the oncology biotechnology industry continues to race forward. Over the past several quarters, we have seen a trend toward increased mergers and acquisitions, and this shows no signs of slowing down.

Several months ago, Physicians' Financial News covered Pfizer Inc's aggressive move into the oncology market and the strategic and tactical refocus that accompanied its paradigm-changing shift in priorities. Since then, Pfizer has continued its profound efforts to reorganize in earnest pursuit of a larger berth in the cancer marketplace.