Pharmaceutical firm Schering has purchased the remaining 40% of radiopharmaceutical firm CIS bio international from Areva of France. Berlin-based Schering bought a 60% ownership interest in CIS in 2000.
Schering said that the acquisition and integration of CIS bio international supports its strategy of becoming a substantial player in the global radiopharmaceutical market. CIS bio develops, produces, markets, and distributes radiopharmaceuticals for diagnosis and therapy.
By AuntMinnie.com staff writersJanuary 3, 2002
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