Tuesday, March 13, 2007

Ranbaxy pitch for Merck KGaA generics

Indian drug maker Ranbaxy said Tuesday it has submitted a US$6 billion (euro4.56 billion) bid for the generics unit of Germany's Merck KGaA.

The company told The Associated Press in an e-mail that the bid had been submitted to the Darmstadt-based drug and chemical maker.

There's still time to vote!

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