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Lonza and Teva Announce Receipt of Regulatory Approval
Teva Pharmaceutical Industries, 05/15/09
Teva Pharmaceutical Industries Ltd. and Lonza Group Ltd. announced that the European Commission granted antitrust approval to the joint venture between the two companies, which was originally announced on January 2009. In their joint venture Teva and Lonza will cooperate to develop, manufacture and market a number of affordable, efficacious and safe generic equivalents of a selected portfolio of biologic pharmaceuticals.
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