Think global...always pleased to do that KC.
I know I'm revisiting a recent post here but I'll remind you that a certain global pharma (World No. 1, actually), sold off its Capsugel(a form of delivery system for drugs and vitamins) business last August for $2.4 bn, is trying to sell its Nutrition Division (ie. infant nutrition),which should sell for $10 bn., then in December purchased Ferrosan, a European vitamin, minerals and nutricosmetics manufacturer (thus adding an entirely new division to their portfolio). In February it also added Alacer Corp, the largest Vit. C supplement company in the US.
My reading has been telling me that there is a big push by Big Pharma atm into the vitamin, mineral and supplements business - better profit margins than generic drugs.
Yes they MIGHT be selling their animal health division, the world's largest, or perhaps just bits of it or perhaps just partly floating - they're undecided. Besides, they did once sell off their entire personal care division to J&J in 2006, only to acquire another personal care division from Wyeth in 2009.
All just my own observations but gee, fascinating.
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