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Carter-Wallace, Astra Medica form JV

Executive Summary

Carter-Wallace's Wallace Laboratories division has created Wallace Laboratories/Asta Medica LLC, a joint venture to manufacture and market Asta Medical's Astelin (azelastine) to treat allergic rhinitis and Depen (penicillamine) to treat rheumatism.
Deal Industry
  • Pharmaceuticals
Deal Status
  • Final
Deal Type
  • Alliance
    • Joint Venture

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