Central Nervous System Disorders

Meda Acquires Product Portfolio from the US Pharma Company Wyeth

Published in Healthcare Mergers, Acquisitions and Ventures Week, May 19th, 2007

Meda (STO:MEDAA) and the US pharma company Wyeth have reached an agreement regarding acquisition of 10 well-established pharmaceuticals in Europe. The agreement with Wyeth is one example of how we use our strong platform throughout Europe for profitable, marginal deals," says Anders Lonner, Meda's CEO.

The acquired products are highly recognised brands with good profitability. The effective date is 1 May 2007. No employees will transfer from Wyeth to Meda in conjunction with the acquisition, which is expected to inject sales of about SEK 160-170 million into Meda's operation for the remainder of 2007. The purchase price is about SEK 525 million, which will be totally...

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Source: Healthcare Mergers, Acquisitions and Ventures Week (2007-05-19)

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