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Germany’s Bayer AG has entered into an agreement with Merck & Co Inc. Under the agreement, Bayer will acquire Merck’s OTC business, Merck Consumer Care (MCC), including the global trademark and prescription rights for Claritin® and Afrin®, for $14.2 billion.…>read moreNo Comment May 6, 2014
Pharmaceutical giant Merck will pay $950 million, and has pleaded guilty to a criminal charge regarding the marketing and sales of the painkiller Vioxx, both the company and the Justice Department announced in recent days. The negotiated settlement includes the…>read moreNo Comment November 23, 2011
Michael Sohn, former chairman of Arnold & Porter, has joined Davis Polk & Wardwell’s Washington office as general counsel. Sohn joined Arnold & Porter in 1969 and was made a partner in 1972. He left the firm briefly and served…>read moreNo Comment March 2, 2010