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Originally Posted by Airbornelawyer
The pharmaceuticals industry is probably more appropriately described as multinational.
Hoechst was one of Germany's major chemical companies, a part of the IG Farben conglomerate broken up after World War Two (as were Bayer and BASF). Hoechst bought Roussel, a French company, to beef up its pharmaceuticals. Meanwhile, US chemical company Dow also tried its hand in pharmaceuticals. It acquired Marion Labs, and merged its own pharmaceutical division with Richardson-Merrell to form Marion Merrell Dow. Dow scrapped its plans and sold Marion Merrell Dow to Hoechst-Roussel, forming Hoechst-Marion-Roussel.
Meta-national corporation, anyone?  |
AL,
Your research is very good.
Meta-national companies are a fact ---
Also, Hoechst was purchased by Aventis, SA, (French) in December 2004.
In April 2005, Aventis SA, agreed to be taken over by smaller rival Sanofi-Synthelabo SA. (also French) creating the world's third-biggest drugmaker.- Sanofi-Aventis
SnT