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Medeva gross margins from former Fisons business are 70% in first year, firm reports.

Executive Summary

MEDEVA ACHIEVES 70% MARGINS ON FORMER FISONS BUSINESS acquired by Medeva from Rhone-Poulenc Rorer in mid-1996. The 10 products acquired by Medeva as part of its purchase of the former Fisons Rochester, N.Y. plant outperformed the rest of the company's business in terms of margins. The gross margin for all of Medeva's businesses was 65%.
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