Last week was a very busy week for me with lot of good work in terms of my close pharma industry interaction so was not able to give me time to my favourite past time intellectual driver.......Last week there were following updates........
1.Ratiopharm (With Market cap of more than approximate $ 2-2.5 Billion) - Europe one of the largest generic maker is up for sale, three contenders are there for this deal, one is the largest pharma (Pfizer) and the other two are big names in the generic scenario are Teva (No1 -generic maker) and Activis (Iceland largest generic maker)
2. Merck and Sanofi aventis are going to expand big time in the animal health segment to attain the market leader position.
3. Abbott labs which last year had been expanding its ophthalmology portfolio by rapid M&A activity is this point of time expanding its oncology portfolio by acquiring California based Facet Lab for $722 million.
More updates coming this week :)
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