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www.fdanews.com/articles/75850-report-indian-firms-bidding-on-biotech-giant-alpharma

REPORT: INDIAN FIRMS BIDDING ON BIOTECH GIANT ALPHARMA

August 29, 2005

Alpharma Inc., a New Jersey-based generic drugmaker with operations in Baltimore and Howard counties, may be putting itself up for sale, placing the future of about 415 local jobs in question. The company, in an Aug. 22 statement, said it is "actively considering various strategic alternatives" but had not reached a deal. That announcement followed an Aug. 20 report in the Times of India saying that two Indian pharmaceutical firms were bidding to take a stake in the company. On Aug. 22, the Monday after the report appeared, Alpharma's stock (NYSE: ALO) immediately jumped $4 per share.

Baltimore Business Journal (http://www.bizjournals.com/baltimore/stories/2005/08/29/story5.html?from_rss=1)