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Rugby Group Inc

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October 6, 1993 | From Times Staff and Wire Reports
Marion Merrell Dow Inc. Acquires Generic Drug Company: St. Louis-based MMD said it wrapped up the $275-million acquisition of Rugby-Darby Group Cos., the nation's largest generic drug company, in an effort to obtain a bigger share of the managed care market. Plans to acquire Rugby-Darby were announced in May at MMD's annual meeting. The generic business will be known as the Rugby Group Inc. and will conduct business as Rugby Laboratories.
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BUSINESS
October 6, 1993 | From Times Staff and Wire Reports
Marion Merrell Dow Inc. Acquires Generic Drug Company: St. Louis-based MMD said it wrapped up the $275-million acquisition of Rugby-Darby Group Cos., the nation's largest generic drug company, in an effort to obtain a bigger share of the managed care market. Plans to acquire Rugby-Darby were announced in May at MMD's annual meeting. The generic business will be known as the Rugby Group Inc. and will conduct business as Rugby Laboratories.
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BUSINESS
August 27, 1997 | From Times Wire Services
Drug maker Hoechst Marion Roussel said Tuesday that it will sell its generic drug subsidiary, Rugby Group Inc., to Corona-based Watson Pharmaceuticals Inc. Hoechst Marion, the Kansas City, Mo.-based pharmaceutical unit of Germany's Hoechst, said Watson will pay an initial $70 million for Rugby Group. Further payments are contingent on certain products and future operating results. The companies didn't give a total value for the sale of Rugby.
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