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Sandoz Picks Hexal’s Hometown For Generics Division Global Headquarters

This article was originally published in The Pink Sheet Daily

Executive Summary

Novartis’ generics division will move to Holzkirchen, Germany, the home of Hexal, as part of the integration of that company and U.S-based Eon. Acquisition of the two generic firms is expected to close in the second half of 2005.

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