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Merck in Talks to Buy Indian Pharmaceutical Ingredients Maker Micro Labs - Report

Merck & Co. Inc. (MRK) is in talks to acquire Indian active pharmaceutical ingredients maker Micro Labs Ltd., the Financial Express reported Thursday, citing an unidentified person aware of the matter. The newspaper said Bangalore-based Micro Labs is a privately held company, founded and run by the Surana family. Micro Labs aims to achieve sales of about $1 billion by 2015, the report said, citing the company's website. A Merck India spokesperson declined to comment to the newspaper on any possible deal. Newspaper website: http://www.financialexpress.com Write to djn.in@dowjones.com

Stock News for Merck (MRK)
DateTimeHeadline
06/29/201509:27:34Merck Regimen to Reduce Nausea Meets Primary Endpoint
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06/11/201509:00:00Liaison Technologies and Merck Cut the Ribbon for a Collaborative...
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06/10/201508:46:00Merck & Samsung Bioepis Announce Pivotal Phase 3 Studies for...
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