Fresenius to buy Renal Care of U.S. for $3.5 billion

Article Abstract:

Fresenius AG of Germany is to acquire Renal Care Group Inc. of the United States for $3.5 billion. The kidney-dialysis products and services company is the largest global provider, planning to consolidate its ranking in the $50 billion global market and posted revenue earnings of $6.23 billion last year. Renal Care Group Inc. posted revenue earnings of $1.35 billion last year.

United States, Acquisitions & mergers, Germany, Commodity & service prices, Securities issued, listed, HEALTH SERVICES, Security brokers and dealers, Securities & Commodities Services, Securities, Commodity Contracts, and Other Financial Investments and Related Activities, Mergers, acquisitions and divestments, Prices and rates, Health care industry, Company acquisition/merger, Securities industry, Securities, Company Profile, Company securities, Renal Care Group Inc., Company pricing policy, RCI, Fresenius AG

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Bayer is asked to suspend Trasylol sales

Article Abstract:

German pharmaceutical firm Bayer AG has been requested to withdraw Trasylol, a coagulant drug, from the market until more data becomes available regarding the drug's safety. One clinical study has indicated Trasylol could be linked to a 50% increased risk of death than rival medications. Trasylol had worldwide sales totaling $223.5 mil in 2006.

Product standards, safety, & recalls, Pharmaceutical preparations, Product defects and recalls, Pharmaceutical industry, Bayer AG, BAYZY, Coagulants (Drugs), Trasylol (Medication)

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