Voices / Pharmaceutical Mergers Yield Spinoffs

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Pharmaceutical Mergers Yield Spinoffs

When large pharmaceutical corporations like Glaxo and Burroughs Wellcome went through mergers, more than 2,500 people entered the labor market looking for new opportunities. Because of the Triangle’s strong entrepreneurial support networks and world class research institutions, many of these highly skilled laborers opted to start their own spinoff businesses in the Research Triangle.

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