Merck sells API business, drug portfolio in $1B deal

06/28/2013 | Bloomberg · Pharmaceutical Business Review Online

Aspen Group agreed to buy Merck & Co.'s active pharmaceutical ingredient manufacturing business and purchase an option to buy a portfolio of 11 finished dose form molecules that target a range of conditions. The deal is valued at $1 billion. Aspen said the acquisition, which is expected to be finalized this year, will bolster its growth in Latin America, the Asia-Pacific region and other emerging markets.

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Bloomberg · Pharmaceutical Business Review Online

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