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pharmiweb.com today | 20 March 2010

Teva acquires Ratiopharm

Teva Pharmaceutical Industries Ltd. (NASDAQ: TEVA) announced that it has entered into a definitive agreement to acquire ratiopharm, Germany's second largest generics producer and the sixth largest generic drug company worldwide, for an enterprise value of €3.625 billion. The transaction is subject to certain conditions including relevant regulatory approvals. On a pro forma basis, the combined company would have had 2009 revenues of $16.2 billion. Teva expects to complete the transaction by year-end 2010....

Teva Press Release

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