Pharma Industry
Industry: Email Alert RSS FeedCLS emerges as a new suitor for Aventis blood plasma unit. (News).(Brief Article)
Chemical Market Reporter, February, 2003
JUST WEEKS after a deal with Bayer fell apart, Aventis announced last week that it has found another suitor for Aventis Behring, its therapeutic proteins business. The company says it is in preliminary discussions with the Australian biopharmaceuticals firm CSL Ltd. for the unit, which had sales of [euro] 1.129 billion ($1.21 billion) in 2001.
CSL reports that it has entered into a pact that allows the company to "appropriately and exclusively evaluate" the potential acquisition. CSL has identified human plasma products as a core business, says managing director Brian McNamee. The Aventis unit would broaden and balance its product portfolio, expand its global presence and optimize the utilization of its assets. The proposed combination with Bayer's...
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