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Adding to a wave of recent consolidation, Pliva has nominated US generics company Barr as its 'preferred bidder' as rivals line up to acquire the Croatian generics maker. As Datamonitor healthcare strategy analyst Dr Mark Belsey investigates, this looks like a good opportunity for Barr, which suffered a drop in sales of 19% from 2004-05 and needs this deal to revive its flagging sales performance.
Published By Datamonitor
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28 Jun 2006 |
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CommentWire
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GlaxoSmithKline has entered into a deal to buy Pliva's state-of-the-art R&D facility Pliva-Istrazivacki Institut. Having recently reported an annual profit of GBP6.7 billion, Europe's biggest drugmaker will now hope to improve this financial performance by moving its research activities to lower-cost emerging markets.
Published By Datamonitor
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15 Feb 2006 |
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