Those sounds you hear reverberating through the local biotech industry are the heavy footsteps of Big Pharma.
Uncorking its plan to buy Lexington’s Cubist Pharmaceuticals Inc. for $9.5 billion last week, New Jersey-based Merck & Co. became the latest drug giant to expand its presence here. Global players such as Pfizer Inc., Novartis AG, Sanofi SA, Takeda Pharmaceutical Co., and Shire PLC have all planted a stake in the Boston area, mostly by gobbling up strong homegrown biotechs.
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