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Merck KGaA eyes pharma acquisitions, biosimilars

6:56 AM MDT | May 23, 2014

Merck KGaA plans to invest €100 million ($137 million) this year in biosimilars, a new business being developed by the company’s Merck Serono unit. Merck also is eyeing pharmaceutical acquisition opportunities, particularly in the United States, following its recent $2.6-billion acquisition of AZ Electronic Materials (CW, May 5/12, p. 21). β€œThe focus of the next two years will be on growth. We are aiming for organic and inorganic growth. The latter includes in-licensing agreements as well as acquisitions,” Karl-Ludwig Kley, chairman of Merck KGaA, told...

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