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Aventis Retains Revasc; Refludan Divestment Ordered By FTC

Executive Summary

Aventis' Refludan is available for licensing through the New York City investment banking company Ferghana Partners as a result of an Aug. 25 Federal Trade Commission order.

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Schering AG agrees to license Refludan

The Federal Trade Commission is accepting comments until Sept. 12 on a proposal by Aventis to divest the direct thrombin inhibitor Refludan (lepirudin) to Schering AG. Aventis was ordered to divest Refludan after failing to complete a divestment of the pending Revasc (desirudin), as required under the FTC consent agreement allowing the merger of Hoechst and Rhone-Poulenc (1"The Pink Sheet" Sept. 4, 2000, p. 17)

Schering AG agrees to license Refludan

The Federal Trade Commission is accepting comments until Sept. 12 on a proposal by Aventis to divest the direct thrombin inhibitor Refludan (lepirudin) to Schering AG. Aventis was ordered to divest Refludan after failing to complete a divestment of the pending Revasc (desirudin), as required under the FTC consent agreement allowing the merger of Hoechst and Rhone-Poulenc (1"The Pink Sheet" Sept. 4, 2000, p. 17)

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