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Myungmoon denies Teva’s takeover
Published: 2012-11-05 07:00:00
Updated: 2012-11-05 07:00:00
Myungmoon Pharm Thursday dismissed the report of M&A (merger and acquisition) with Israel’s generic giant Teva Pharmaceutical Industries.
Ahn Do-gul, a ministry official of Health and Welfare, said Wednesday that Teva is negotiating with Korea’ mid-sized drug firm worth of 100 to 200 billion won to acquire majority of shares.
Teva is the largest generic drug manufacturer in the world and ...
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