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Teva to Acquire Sicor for $3.25 Billion

"Teva, which makes generic drugs and the multiple sclerosis medicine Copaxone, said the deal is designed to gain Sicor's expertise in generic injectable drugs and its capabilities in duplicating the wave of biotechnology drugs that are coming on the market once those drugs lose patent protection."

Read it here.

November 1, 2003 in copaxone, economy, follow the money..., stocks | Permalink