Biotechnology Business

German Federal Cartel Office Clears Celgene to Acquire Pharmion

Published in Health Business Week, February 15th, 2008

Celgene Corporation (NASDAQ: CELG) and Pharmion Corporation (NASDAQ: PHRM) announced that the Bundeskartellamt, Germany's Federal Cartel Office in charge of reviewing the antitrust aspects of mergers and acquisitions, has cleared Celgene's pending acquisition of Pharmion Corporation.

As previously announced on January 3, 2008, the 30-day waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, expired without the United States Federal Trade Commission requesting additional information.

Keywords: Biotechnology Business, Biotechnology Company, Celgene Corporation, Pharmaceutical Business, Pharmaceutical Company.

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Source: Health Business Week (2008-02-15)

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