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news.To strengthen its sales network in Europe, Daiichi Sankyo's German unit has agreed to take over most of Merck KGaA's Primary Care external sales operations in Germany, according to Thomson Financial.
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The transaction is expected to complete by early August, 2008. The financial details of the agreement were not disclosed.
Daiichi Sankyo said that the transaction may affect about 130 workers who are to be integrated into its sales force.
Thomson Financial has quoted Daiichi Sankyo, as saying: “The takeover of a working team that is experienced in cardiovascular diseases and successful is an excellent opportunity to satisfy demand for additional employees.”