Merck's fortunes hinge on success of diabetes drug

Article Abstract:

Merck KGaA is planning a restructuring of its main chemicals and laboratory operations. However, the company's future is dependent on the success of its Glucophage diabetes drug.

Switzerland, Antidiabetic Preparations, Product information, Hypoglycemic agents, Merck KGAA, Glucophage (Medication)

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Germany's Altana may sell drug division for $7 billion

Article Abstract:

Altana Industrie-Aktien und Anlagen AG of Germany is planning to sell its pharmaceutical company for approximately $7 billion, according to people close to the business. However, public relations person Steffen Mueller would not comment on the alleged plan. Publicly, the chemical company has said it's goal is to strengthen the pharmaceutical unit through consolidations or product licensing and has approximately 1 billion Euros for this purpose.

Management dynamics, Parent-to-subsidiary activities, Subsidiary-to-parent activities, Company acquisition/merger, Company Profile, Company business management, Pesticides industry, Herbicides, Altana Industrie-Aktien und Anlagen AG, Sulphur industry, Subsidiaries, divisions and units

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Investors interested in Hoechst consider the effects of merger

Article Abstract:

Article about how investors interested in Hoechst AG shares during the next couple of weeks will have to consider the effects of the pharmaceutical firm's merger with Rhone-Poulenc SA. The merger would create Aventis SA, one of the biggest life science businesses in the world.

Asset sales & divestitures, France, Securities issued, listed, Stockholder data, Pharmaceutical Preparations, Drugs, Brief Article, Rhone-Poulenc S.A., Hoechst AG, Aventis SA

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