Monday, March 09, 2009

Merck buy Schering Plough - megamergers a la mode

Bye bye.
Merck & Co Inc said on Monday that it would acquire Schering-Plough Corp for $41.1 billion, uniting the makers of cholesterol drugs Zetia and Vytorin, in the second megadeal for Big Pharma in weeks.

Source

Merck's press release.


1 comment:

Anonymous said...

Merger is not a big deal.. Hope they could better serve the consumers after merging... Thanks for this informative post..