Meda AB

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Meda AB
OTCPK:MDABY
Headquarters,
Sweden
Revenue>kr 15,000,000,000 (2014)
Number of employees
5,202 (2014)
ParentMylan Edit this on Wikidata

Meda AB is a specialty pharmaceutical company, headquartered in Solna, Sweden. At the end of 2014, Meda had 5,202 employees. Meda's pharmaceuticals are sold in more than 150 countries.[1]

Meda was listed on the Stockholm stock market until it was acquired by Mylan in 2016 through a cash and stock offer.

Mergers, acquisitions and divestments

In 2014, Meda acquired the Italian firm RottaPharm Madaus in order to add consumer health products to their portfolio.[2] Meda explored in 2015 the possibility of divesting its United States division, Meda Pharmaceuticals, to raise funds for expansion in other areas.[2]

Meda
acquired

Rottapharm Madaus (2014)

plans to divest

Meda Pharmaceuticals (2015)

References

  1. ^ "About Meda". Meda AB. Retrieved 15 August 2015.[self-published source]
  2. ^ a b Ewing, Adam; Baigorri, Manuel (27 August 2015). "Swedish Drugmaker Meda Said to Weigh Sale of U.S. Operations". Bloomberg Business. Retrieved 28 August 2015.