Pharmaceutical Sector

The health care sector has been on fire in 2014, as investors continue to bet on the development of new drugs and increased need for medical services. On Tuesday, the pharmaceuticals industry received a vote of confidence, after both Pfizer Inc (NYSE: PFE) and Merck & Co. (NYSE: MRK)...

Like Big Oil, Big Pharma has entered a period of consolidation. There are many factors contributing to this. First, it can be cheaper to buy a company with a promising product rather than undergo the costs of developing a drug. Add in low interest rates that make it cheap to borrow money to...