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Ratiopharm is a German
Ratiopharm is a German pharmaceutical company
The pharmaceutical industry discovers, develops, produces, and markets drugs or pharmaceutical drugs for use as medications to be administered to patients (or self-administered), with the aim to cure them, vaccinate them, or alleviate sympt ...
that is Europe's leading generics
Generic or generics may refer to:
In business
* Generic term, a common name used for a range or class of similar things not protected by trademark
* Generic brand, a brand for a product that does not have an associated brand or trademark, other ...
brand.
Ratiopharm was owned by Adolf Merckle
Adolf Merckle (18 March 1934 – 5 January 2009) was a German entrepreneur and billionaire. He committed suicide at age 74 due to losses during the financial crisis of 2007–2008. He was at one point the fifth-richest person in Germany ...
and makes generic pharmaceuticals. They are based in Ulm, Germany, with products being distributed in over 35 countries worldwide.
On 18 March 2010 Teva
Teva is the Hebrew word for nature ( he, טבע, "nature").
Teva may refer to:
Companies
* Teva Footwear, American footwear manufacturer
* Teva Naot, Israeli footwear manufacturer
* Teva Pharmaceuticals, Israeli multinational pharmaceutical com ...
announced that it planned to acquire Ratiopharm for US$
The United States dollar (symbol: $; code: USD; also abbreviated US$ or U.S. Dollar, to distinguish it from other dollar-denominated currencies; referred to as the dollar, U.S. dollar, American dollar, or colloquially buck) is the official ...
5 billion. On 10 August 2010 Teva
Teva is the Hebrew word for nature ( he, טבע, "nature").
Teva may refer to:
Companies
* Teva Footwear, American footwear manufacturer
* Teva Naot, Israeli footwear manufacturer
* Teva Pharmaceuticals, Israeli multinational pharmaceutical com ...
announced that it had completed its acquisition of Ratiopharm.
Since June 2017, the company has been managed by Christoph Stoller, General Manager of Teva Germany and Austria (European headquarters). He succeeded Markus Leyck Dieken, who was General Manager from October 2013 and joined the Teva Group Management in June 2017. Previously, Sven Dethlefs, who oversaw the takeover of Ratiopharm by Teva in 2010, held the position for five years until he moved to the group management in Israel in 2013.
See also
*Philipp Daniel Merckle
Philipp Daniel Merckle (born 1 October 1966 in Hamburg, Germany) is a German entrepreneur. From 2005 to 2008 he has headed the pharmaceutical company Ratiopharm within the family group Merckle.
Early life
After he graduated from high school, ...
* Ratiopharm Ulm
Ratiopharm Ulm, officially stylized as ratiopharm Ulm, is a professional basketball club based in Ulm, Germany. The club has two teams, one professional team, which plays in the Basketball Bundesliga, the major German professional league and one ...
References
External links
* Pharmaceutical companies of Germany Companies based in Ulm Pharmaceutical companies established in 1974 Medical and health organisations based in Baden-Württemberg {{Germany-company-stub