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It's Specialism, not Size, that Counts, says Schering AG's Hubertus Erlen

Executive Summary

The chairman and CEO of Germany's Schering isn't fazed by the drug industry's latest mega-merger: Pfizer's proposed acquisition of Pharmacia. By sticking to sectors that are expertise- rather than size-driven, he's confident that the mid-sized group can continue growing and avoid many of the problems facing its larger peers.

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