The first I3h PhD fellowship was awarded to Natalia Ilari who will work under the supervision of Patrick Legros, professor at ECARES on the topic of “Regulation and mergers in the pharmaceutical industry”.

The project examines how regulatory approval (by the FDA in the US or by the EMA in the EU) influences the way pharmaceutical companies choose to collaborate (by either integrating or by remaining under separate ownership) for the development, the quality and the price of the so-called ‘cocktails’ of drugs.