To strengthen our oncology pipeline, we acquire the biotech company U3 Pharma in Martinsried, Germany.
In addition, we lay the foundation for further growth in Europe by acquiring the marketing rights for the osteoporosis drug Evista® (with the active ingredient raloxifene) from Eli Lilly and Company.
Moreover, the number of field force employees is significantly increased by taking on highly qualified people from Merck Serono in various European countries.