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Markets :: Fine Chemicals/Biotech :: Pharmaceutical ingredients
Pharma/fine chemicals roundup—3 December 2013
4:46 AM MST | December 3, 2013 | Deepti Ramesh
Merck KGaA eyes pharma acquisitions in the US Merck KGaA (Darmstadt, Germany) is looking to strengthen its presence in the prescription pharmaceuticals market in the United States and is open to more collaborations and acquisitions. At a press briefing last month in Yavne, Israel, the location of Merck Serono’s subsidiary in Israel, Stefan Oschmann, board member Merck KGaA/pharma and consumer health, said that the average global pharma company generates about 50% of its sales in the US while Merck’s share is only 20%. He said that Merck is planning to...
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