• A
  • A
  • A
  • ABC
  • ABC
  • ABC
  • А
  • А
  • А
  • А
  • А
Regular version of the site

Student
Title
Supervisor
Faculty
Educational Programme
Final Grade
Year of Graduation
Anton Alekanov
The Impact of M&A on R&D in Pharmaceutical Industry
Economics
(Bachelor’s programme)
2016
In the framework of this research the impact of M&A activities (Mergers and Acquisitions) of pharmaceutical companies on R&D (Research and Development) was analyzed. The pharmaceutical industry has had the second largest R&D spending for the last 10 years. That is why this analysis is актуальный. The study sample consisted of 129 largest pharmaceutical companies that have participated in M&A transactions in the period 2000 to 2010. In the work propensity score matching and the method of difference-difference estimation were used. Based on the analysis of firms’ degree of activity in research and development in the period from 2000 to 2010 it was found that the acquisitions exhibit negative short-term effects on the cost of research and development, and long-term positive effect on the amount of patentable objects.

Student Theses at HSE must be completed in accordance with the University Rules and regulations specified by each educational programme.

Summaries of all theses must be published and made freely available on the HSE website.

The full text of a thesis can be published in open access on the HSE website only if the authoring student (copyright holder) agrees, or, if the thesis was written by a team of students, if all the co-authors (copyright holders) agree. After a thesis is published on the HSE website, it obtains the status of an online publication.

Student theses are objects of copyright and their use is subject to limitations in accordance with the Russian Federation’s law on intellectual property.

In the event that a thesis is quoted or otherwise used, reference to the author’s name and the source of quotation is required.

Search all student theses