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	<title>A load of crap from an idle brain &#187; pharmaceuticals</title>
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		<title>Biocon buys 70 pct of Germany&#039;s AxiCorp</title>
		<link>http://philip9876.com/2008/02/11/biocon-buys-70-pct-of-germanys-axicorp/</link>
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		<pubDate>Mon, 11 Feb 2008 13:12:56 +0000</pubDate>
		<dc:creator>Liju Philip</dc:creator>
				<category><![CDATA[biology]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[drugs]]></category>
		<category><![CDATA[europe]]></category>
		<category><![CDATA[germany]]></category>
		<category><![CDATA[India]]></category>
		<category><![CDATA[pharmaceuticals]]></category>
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		<category><![CDATA[axicorp]]></category>
		<category><![CDATA[biocon]]></category>
		<category><![CDATA[biologics]]></category>
		<category><![CDATA[biosimilars]]></category>
		<category><![CDATA[biotechnology]]></category>
		<category><![CDATA[generics]]></category>
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		<description><![CDATA[India&#8217;s top biotechnology firm, Biocon Ltd, has agreed to buy 70 percent of German marketing firm AxiCorp GmbH for 30 million euros ($43.7 million) to boost its business in overseas markets, Biocon said on Monday. The acquisition will enable marketing and distribution of a range of pharmaceuticals including generics, biosimilars, biologics and other products in [...]]]></description>
			<content:encoded><![CDATA[<p>India&#8217;s top biotechnology firm, <b><a href="http://www.biocon.com" target="_blank">Biocon Ltd</a></b>, has agreed to buy 70 percent of German marketing firm <b><a href="http://www.axicorp.de/english/unternehmen.php" target="_blank">AxiCorp GmbH</a></b> for 30 million euros ($43.7 million) to boost its business in overseas markets, Biocon said on Monday.</p>
<p><a href="http://philip9876.wordpress.com/2008/02/11/biocon-buys-70-pct-of-germanys-axicorp/biocon-axicorp-logo/" rel="attachment wp-att-771" title="biocon axicorp logo"><img src="http://philip9876.files.wordpress.com/2008/02/logo.jpeg" alt="biocon axicorp logo" /></a></p>
<p>The acquisition will enable marketing and distribution of a range of pharmaceuticals including generics, biosimilars, biologics and other products in Germany and other European countries, the Indian drugmaker said.</p>
<p>Full article <b><a href="http://www.reuters.com/article/rbssHealthcareNews/idUSBOM4287020080211" target="_blank">here</a></b>.</p>
<p>+++</p>
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