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Merck of Germany announced plans to buy Swiss Pharmaceutical1 company Serono for 10.6 billion euros. Earlier this year Merck failed to acquire German competitor Schering, and recently pharmaceutical companies such as GlaxoSmithKline and Novartis had decided2 not to buy Serono, which has been available for sale since spring of this year. Acquiring Serono instead of Schering will give Merck greater strength in biotechnology, letting them move more quickly into the growing field of biopharmaceuticals.
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1 pharmaceutical | |
adj.药学的,药物的;药用的,药剂师的 | |
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2 decided | |
adj.决定了的,坚决的;明显的,明确的 | |
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