Ru 486
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Title: Ru 486

Essay Details:

Subject: Social Issues
Author:
Date: April 20, 2013
Level: University
Grade: A
Length: 7 / 2065

Essay text:

After Gaston’s death in 1947, his son Jean-Claude Roussel took over and continued to expand the company into the animal health and plant care segments. Jean-Claude grew Roussel-Uclaf into a major world presence in the fields of endocrinology, cardiovasculars, and antibiotics. As a result of Roussel-Uclaf’s successes the company was sold off to the German pharmaceutical giant Hoechst, who owed a 56% stake, the other 44% being held by the French government. Throughout the 80s the company saw growth and in 1989 the company had 15,637 employees worldwide and annual sales of FF 12,369. As with all pharmaceutical companies Roussel-Uclaf was deep in the research of new drugs, and as such R&D made up a large portion of the company’s budget...

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