Biologics

Schering-Plough Completes Acquisition of Organon BioSciences

Published in Cardiovascular Business Week, December 4th, 2007

Schering-Plough Corporation (NYSE:SGP) announced that it has completed the acquisition of Organon BioSciences N.V., creating a stronger combined company with broader human and animal health portfolios, an enhanced pipeline and increased R&D capabilities. Schering-Plough's agreement to acquire Organon BioSciences was announced on March 12, 2007.

"By bringing together complementary businesses, we will be growing even stronger and even better in our people, products and science," said Fred Hassan, chairman and chief executive officer, Schering-Plough Corporation. "The promise of this combination is profound. We will be working hard to realize that promise -- for our...

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Source: Cardiovascular Business Week (2007-12-04)

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