Cardinal merger with packaging firm PCI is another high-margin business acquisition for the wholesaler.
• By The Pink Sheet
CARDINAL MERGER WITH PACKAGING FIRM PCI TO BE COMPLETED IN THE FALL will continue the wholesaler's practice of vertical expansion into high-margin businesses. "This merger with PCI is very consistent with our objective of seeking higher-margin businesses that are complementary to our core pharmaceutical distribution business," the company said July 24.
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Advanz Pharma would have had to show that the European Commission’s decision to revoke Ocaliva’s conditional marketing approval risked causing serious and irreparable harm, according to lawyers from Van Bael & Bellis.
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