The world pharma industry has begun a new round of takeovers and aquisitions...[phizer with wyeth,teva with generic rival barr ,roche with genentech and now merck over Schering with johnson and johnson rumoured to counter bid]...the world generic majors have little or no strength in australia eg teva,ranbaxy,cipla etc etc....as billions of dollars worth of patents expire and big pharma do their part to create super companies in a new 'one world economy'.......you would have to wonder if some aussie companies will get swallowed soon .
massive takeover target......
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