Survival of the fittest: Takeovers, Mergers and JVs Chugai Pharm- Hoffmann-La Roche Hoffmann-La Roche – Novartis (Novartis owns 33% of Roche) Pharmacia- Pfizer Searle – Pfizer Roche Consumer Health – Bayer Aventis – Sanofi.Synthelabo: become Sanofi-Aventis APS/ Berk becomes TEVA Celltech – UCB Genentech – Hoffmann-La Roche (Roche becomes majority owner Genentech) Aventis Pasteur MSD becomes Sanofi Aventis MSD Boots – Alliance Unichem becomes Alliance Boots Altana – Nycomed IVAX – Teva Lifescan – becomes J&J subsidiary Schering – Bayer becomes Bayer Schering Wyeth - Pfizer 2002 2003 2004 2005 2006 2007 2009 29
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