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Biotech / Medical : Indications -- Sepsis/Acute Inflammation

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To: A.J. Mullen who wrote (45)12/9/2005 11:39:22 AM
From: tuck  Read Replies (1) of 89
 
OT

Ashley,

The Hart-Scott-Rodino act specifies a certain length of time during which the federal government may examine a proposed merger (or a buy of someone's business, if not the whole company) for anti-trust impact. If the period expires, that means the Feds have given their blessing to the transaction. If the impact is deemed to be large, i.e. they are worried the transaction may create a monopoly, they may nix the transaction or require certain parts of the acquired entity to be divested, so long as they inform the companies involved before the waiting period expires.

Can't remember which agency does the oversight; it's either the Dept. of Justice, Commerce, or the FCC.

Not likely to be a problem for Protherics. In some cases, when big pharmas have merged, certain drugs had to be sold to satisfy the feds. This has occasionally created opportunities for other healthcare companies to buy a good drug at a reasonable price.

Cheers, Tuck
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