IHS Chemical Week

Regions :: North America

Novartis to divest blood transfusion diagnostics unit to Grifols, may sell animal health and OTC units

2:34 AM MST | November 11, 2013 | Natasha Alperowicz

Pharmaceuticals major Novartis (Basel) today announced a definitive agreement to divest its blood transfusion diagnostics unit, headquartered in Emeryville, CA, to Grifols (Barcelona) for $1.675 billion. This transaction, requiring customary regulatory approvals, is expected to be completed in the first half of 2014. "The sale of the Novartis blood transfusion diagnostics unit enables us to focus more sharply on our strategic businesses while providing Grifols with a platform for global expansion," said Joseph Jimenez CEO of Novartis. "I am...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Not an IHS Chemical Week subscriber yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine a year in print or digital format
  • Real time news and analysis on chemweek.com 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now


contact us | about us | privacy policy | sitemap

ihsCopyright © IHS, Inc.All rights reserved.Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa