3M Pharmaceuticals

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In the latter part of 2006, Meda announced completion its acquisition of the pharmaceutical division of 3M in Europe. [1]

At the same time, 3M announced that it had agreed to sell its pharmaceutical operations in the United States, Canada, and Latin America region to Graceway Pharmaceuticals Inc. at a cost of $875million. 3M's pharmaceutical operations in the Asia Pacific region (including Australia and South Africa) were also sold to Ironbridge Capital and Archer Capital. [2]

Affiliations

3M Pharmaceuticals is a member of the Pharmaceutical Research and Manufacturers of America<ref>

References