Teva Pharmaceutical Industries Ltd.'s acquisition of ratiopharm Group, the German generics company, announced March 18, could hardly have been a surprise for anyone following the Israeli company's recent rip-roaring endorsement of the opportunities in the European generics market and the German market in particular. [See Deal]
The purchase of the privately held ratiopharm Group solidifies Teva's number one position in the European generics industry and fits...