www.fdanews.com/articles/74523-novartis-completes-acquisition-of-98-percent-of-eon-labs
NOVARTIS COMPLETES ACQUISITION OF 98 PERCENT OF EON LABS
July 21, 2005
Novartis announced today that it has completed the acquisition of approximately 98 percent of U.S.-based generic pharmaceutical company Eon Labs, Inc. Following the acquisition last month of Hexal AG of Germany, the Sandoz generics division of Novartis now has a strong foothold and a leading position in the highly competitive generic drug industry.
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