KrKa buys TAD Pharma for 97.0M euros
Slovenian pharmaceutical firm company Krka has acquired German generics group TAD Pharma for 97.0 million euros ($143.9 million). Krka's chairman, Joze Colaric, said that the purchase would expand the firm's position in the German generic drug market, currently Europe's largest, and provide a further boost for its sales, which rose 14% to 570.9 million euros in the first nine months of 2007.
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