Novartis AG’s acquisition of The Medicines Co. for $9.7bn is a healthy exit for the company's investors, but the company Novartis is buying is a streamlined, unrecognizable version of the hospital specialist The Medicines Company once was.
It Has Been A Long Farewell To The Medicines Company
The company Novartis is buying for $9.7bn is largely unrecognizable from the one Clive Meanwell started in 1996, grew into a multi-product hospital specialist and began to sunset in 2015 with the loss of Angiomax.
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