Over the last two decades, pharmaceutical companies have been slowly increasing their leverage. For example, in 2001,

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Over the last two decades, pharmaceutical companies have been slowly increasing their leverage. For example, in 2001, Merck had a Debt to Capitalizationratio of 0.30; Pfizer had a Debt to Capitalizationratio of 0.33. In 2015, Merck's Debt to Capitalizationwas 0.37; Pfizer's was 0.38. What do you think is going on in this industry that is causing this shift?

Posted Date: May 13, 2024 03:26 AM

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Over the last two decades, pharmaceutical companies have been slowly increasing their leverage. For example, in 2001,

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