Question
Need help in rewriting this in my own words please. Buyer Rational Vertex is a viable option as a potential buyer for many reasons. One
Need help in rewriting this in my own words please.
Buyer Rational
Vertex is a viable option as a potential buyer for many reasons. One of the main reasons
being their willingness and openness to expand. They have the goals, vision, and financial
stability to make the acquisition. Their vision and strategy states "We have a unique way of
building our drug discovery programs to maximize their chances of creating therapies that may
dramatically improve patients' lives. We focus on serious diseases where we can have a
transformative impact for patients, not just an incremental benefit. We work only on projects
where we have a deep understanding of the underlying cause of disease in humans. Then we
research and develop therapeutic approaches that are most likely to succeed. Rather than looking
for problems we can solve with only the tools we've used before, we figure out the problems that
need to be solved for the diseases we're going after and invent the tools to potentially fix them"
(Pipeline | Vertex Pharmaceuticals, 2022). With everything the company has to offer, we would
be providing Vertex with a chance to expand what it already has to offer and adding to its
extensive pipeline.
Acquisition-Related Task
There are several steps to the acquisition process. First there was building a guiding
coalition then it wasdetermining the value of the organization's assets, in other words evaluating
human capital, and pinpointing areas that needed attention. Next it was important to conduct
research on competitors and review the industry currently. In this report it recommended an
alternative buyer for the acquisition. The next step needs to involve financials including business
assets, values, products, and buildings owned. It is also important to include any debts that are
owed and plans on how to pay those debts before moving forward with the acquisition. This
should take no longer than 2 months to get together. The remaining steps should take a year and a half to two years to complete. Going through previous interested buyers and recommending.
Vertex should include open and honest communication from all parties. The evaluation step with
the interested parties should take two to three months as long as communication is effective and
efficient. Once the evaluation has been completed, negotiations should begin. Negotiations
should take no more than four months to complete. Next is making sure due diligence is
completed, which will take a month. The final few steps include the contract, financing, and
closing. Combined these final steps should be completed within two to three months.
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