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Europe Daily Bulletin No. 7824

19 October 2000
Contents Publication in full By article 36 / 59
ECONOMIC INTERPENETRATION / (eu) agri-chemicals

The Swiss pharmaceutical group NOVARTIS finalised the sale of its fungicides FLINT to its German competitor BAYER for CHF 1.33 billion. BAYER valued at some EUR 300 million the potential annual turnover of the FLINT fungicides. Furthermore, NOVARTIS will invest USD 43 million to take a stake in the capital of GENEVA POTEOMICS, specialised in proteomics (decrypting proteins).

Contents

THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION