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European pharma consolidation generates quality spinoffs

Although Bayer Healthcare, headquartered in Leverkusen, Germany, spent most of 2006 in the spotlight because of its €16.3 billion ($19.6 billion) acquisition of Berlin-based Schering, its ongoing restructuring is bound to yield a total of three new German spin-offs to the ranks of Europe's independent life sciences companies.

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Sheridan, C. European pharma consolidation generates quality spinoffs. Nat Biotechnol 24, 1458–1459 (2006). https://doi.org/10.1038/nbt1206-1458

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