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Ascendis Health purchases Remedica, Scitec International

( May 24, 2016, 08:45 GMT | Official Statement) -- MLex Summary: South Africa’s Ascendis Health has acquired two European companies: Remedica, a Cyprus-based maker of generic pharmaceuticals for 260 million euros; and sports-nutrition company Scitec International for 170 million euros. The deals are now subject to regulatory approval.ASCENDIS HEALTH TO MAKE TWO MAJOR INTERNATIONAL ACQUISITIONS FOR R7.3 BILLION...

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