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Pfizer and Wyeth. Roche and Genentech. Merck and Schering-Plough. 2009 was the year of pharmaceutical mergers.

Roche completed its $46.8 billion (£34 billion) acquisition of Genentech in March, while Pfizer finally closed the deal on its $68 billion buyout of Wyeth in October.

In November, it was the turn of Merck and Schering-Plough, which completed their $41 billion merger deal, debuting as one company.

In October, consultancy firm Deloitte published a report on the flurry of mergers and acquisitions seen in the pharmaceutical industry, saying they indicated a trend of consolidation within the sector.