Fifth largest biopharmaceutical firm created by buy-out

Belgium pharmaceutical firm UCB is to buy Britain's largest biotechnology company Celltech for £1.53bn (€2.26bn).

Fifth largest biopharmaceutical firm created by buy-out
Tue, 18 May, 2004 - 18:37

Belgium pharmaceutical firm UCB is to buy Britain's largest biotechnology company Celltech for £1.53bn (€2.26bn).

The move gives UCB access to the fast-growing biotechnology market, creating the world's fifth largest biopharmaceutical company.

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CourtsBusinessHeathrowPlace: BelgiumPlace: BritainPlace: USPlace: UKPerson: Göran AndoOrganisation: UCBOrganisation: Celltech
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