Rhein Biotech moves into profit, GreenCross successfully integrated

26 March 2001

Rhein Biotech, which runs its major operations out of the Netherlandsand Germany, has posted a 10-fold increase in sales to 60.4 million euros ($54.1 million) for 2000, boosted by organic growth and the successful integration of Korea's GreenCross Vaccine Corp, acquired in a $110 million deal about a year ago (Marketletter March 13, 2000).

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