CNBC’s Jim Cramer on Friday pointed out the number of biopharma mergers and acquisitions that have closed or been announced over the last few months. He told investors to keep an eye on these moves in advance of the JPMorgan health care conference next week. “I know that drug companies are tough to own in presidential election years, but in recent months, we’ve witnessed a big pharma takeover spree,” he said. “And this wave of consolidation is something you need to keep in mind when the JPMorgan health care conference kicks off next week.” According to Cramer, mergers and acquisitions have been a staple of the industry. They slowed over the past few years as the Biden administration has e
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