Takeover of Wyeth by Pfizer for $68 billion

I was just reading this article about the takeover of Wyeth by Pfizer for $68 billion and caught this really disturbing paragraph: “The deal, the industry’s largest since Glaxo Wellcome paid $76 billion for SmithKline Beecham in 2000, comes as major players in the pharmaceutical industry struggle to find new products to keep their revenue stream flush against an increasing wave of generic rivals.” Is it just me or is there something incredibly sinister about this observation. The bottom line here is that these drug companies are supposedly in the business of helping people…right? WRONG! These drug companies are in . . . → Read More: Takeover of Wyeth by Pfizer for $68 billion