Beginning of Essay
The Impact of on the World’s Economy , the science of manipulating, building, studying, and designing molecules, is going to change the face of the world’s economy as we know it. Companies are rushing to adapt to the rapidly changing economic environment as ....

Middle of Essay
.... companies, Sandoz and Ciba-Geigy, merged to create a new company, Novartis. The largest pharmaceutical merger in history, this new company is valued at over $100 billion. A near merger between Glaxo and SmithKline would have created the world’s third largest company, with a budget large enough to fund the estimated cost of sequencing the human genome. Its capitalization would have been larger than the annual gross national product of some 143 of the world’s nations (Enriquez 925). These mergers also allow the companies to combine their knowledge pools to gain an edge in the race to acquire licensing agreements and patents. In 1991 th ....