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France: French pharmaceuticals group proposes US merger

 |  March 3, 2015

Stallergenes’ controlling shareholder proposed merging the French pharmaceuticals group’s operations with its U.S. partner Greer to create a specialist in allergy immunotherapy with combined sales of 330 million euros.

“Ares Life Sciences’ proposal gives us a tremendous opportunity to reinforce our relationship with Greer,” said Stallergenes Chief Executive Christian Chavy said.

 

Full Content: Reuters

 

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