Don’t Let Fraud Ruin Your Deal
01 June 2013Genetic Engineering & Biotechnology News
Issues of fraud have always been part of mergers and acquisitions. It was largely because of such issues that the concept of due diligence came into being. However, such issues have a renewed importance in today’s global economy, where deals are increasingly conducted across borders and cultures. This is especially true in the life sciences industry where, thanks to the time and expense involved in developing drugs and devices, more and more growth is accomplished through acquisitions rather than devoting resources to pipeline development.
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