March 2004
Investment Dealers' Digest;3/29/2004, Vol. 70 Issue 13, p44
Trade Publication
This article presents information on investment banking in the healthcare sector in the U.S. Novortis AG CEO Daniel Vasella is pushing for a merger with French drugmaker Aventis, but has said he won't force the issue unless the company is willing and the French government agrees in principle to the plan. Aventis has rebuffed an acquisition bid by French rival Sanofi-Synthelabo, a deal so far preferred by French government officials. Eli Lilly & Co. has revealed an investigation of the drugmaker's marketing and promotional practices by U.S. prosecutors in Pennsylvania.


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