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Industry News
TEVA moves into China through acquisitions
9/8/2005
TEVA will acquire Tianjin Hualida Biopharmaceutical Ltd., a companies specializing in generic biopharmaceuticals. Currently TEVA owns 45% of Tianjin Hualida through SICOR, which was taken over by TEVA in 2004.
TEVA will also obtain 50% of Kunming Baker Norton Pharmaceuticals through its acquisition of IVAX in the USA.
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