Pharma Deals Review, Vol 2006, No 76 (2006)

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Serono Changes Tack Again and Finds Buyer

Business Review Editor

Abstract


Merck KGaA entered into acquisition agreement to acquire Serono to form a new company Merck-Serono Biopharmaceuticals that would focus on the development of 28 compounds. The acquisition deal would worth up to US$13.3 B to Serono.

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