Sanofi-Aventis of France and Merck of the US on Tuesday agreed to combine their animal health operations, creating a joint venture with almost $5.3bn in annual sales and a 29 per cent share of the market.
Pending regulatory approval, the combined company, with an enterprise value calculated at…
WSJ Health Blog – Merck, Sanofi Herd Animal-Health Businesses Into One Corral
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