www.fdanews.com/articles/82826-crucell-buys-vaccine-maker-berna-for-449m
CRUCELL BUYS VACCINE MAKER BERNA FOR $449M
December 2, 2005
Crucell, the Dutch biotechnology company, agreed to buy Berna Biotech of Switzerland
for SFr591m ($449m) to create one of the world's biggest independent companies
focused on vaccines. By mid-morning, shares in Berna rose 13.4 per cent to SFr
14 while Crucell shares fell by 4.5 per cent to ⁈21.65. The combination
of the groups will give them the scale to more effectively compete with the
vaccine units of large pharmaceutical companies such as Merck, GlaxoSmithKline,
and Sanofi-Aventis.
MSN
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