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Novartis makes two major generics acquisitions.

Publication: Chemical Week
Publication Date: 23-FEB-05
Format: Online
Delivery: Immediate Online Access
Full Article Title: Novartis makes two major generics acquisitions.(top of the week)(Sandoz Ltd. acquires Eon Labs Inc. and Hexal AG)(Brief Article)

Article Excerpt
Sandoz, the generic pharmaceuticals subsidiary of Novartis, says it has agreed to acquire generic drugs firm Hexal (Holzkirchen, Germany) from that company's joint owners and co-CEOs Thomas and Andreas Strungmann, for 4.3 billion [euro] ($5.7 billion); and buy 67.7% of generics firm Eon Labs (Lake Success, NY), also from the Strungmanns, for...

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