| Issue |
SHS Web Conf.
Volume 207, 2024
2024 2nd International Conference on Digital Economy and Business Administration (ICDEBA 2024)
|
|
|---|---|---|
| Article Number | 01024 | |
| Number of page(s) | 12 | |
| Section | Marketing Strategies and Consumer Behavior | |
| DOI | https://doi.org/10.1051/shsconf/202420701024 | |
| Published online | 10 December 2024 | |
The Merger and Acquisition in the Blood Products Sector after Covid-19: A Study on the Deals of China’s Enterprises
Department of Economics and Related Studies, University of York, YO10 5DD, York, UK
* Corresponding author: mw2452@york.ac.uk
After COVID-19, the demand for blood products such as IVIG roared up immediately. Global biopharmaceutical enterprises are in a wave of M&As for expansion. While there lacks of related research on China’s blood products sector. This article takes the example of financial data from Grifols and China’s four cases of post-epidemic merger (Boya-China Resources, PLBIO-Shaanxi SASAC, Weiguang-Sinopharm, and SH RAAS-Haier) under China’s domestic substitution policy, analyzing their acquisition transactions, equity structures and outcomes. This paper finds that M&A benefits the blood products industry of both Grifols and China’s main merged firms in their post-deal stock market performances. Also, the merged firms enjoy the rising plasma collection stations number and plasma collection volume. This is expected to meet the demand for blood products, provide the possibility of co-development to the global industry, and contribute to human health progress. In conclusion, this research gives its prospect and suggestion for sustainable financial growth in long run.
© The Authors, published by EDP Sciences, 2024
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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