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To strengthen its cardiology business and research pipeline, Solvay has signed a memorandum of understanding to buy Fournier Pharma for €1.3bn ($2.1bn) in cash. Both have portfolios of drugs to treat cardiovascular, gastroenterological, psychiatric, and gynecological conditions.
Deal Industry
Pharmaceuticals
Deal Status
Preliminary
Deal Type
Acquisition
Full Acquisition
Payment Includes Cash
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