Mergers: Commission approves Danaher's acquisition of GE Healthcare Life Sciences' Biopharma Business, subject to conditions* The European Commission has approved, under the EU Merger Regulation, the proposed acquisition of General Electric's Healthcare Life Sciences Biopharma Business by Danaher Corporation. The approval is conditional on the divestiture of a remedy package. Executive Vice-President Margrethe Vestager, in charge of competition policy, said: “The bioprocessing industry has brought us new medicines to treat diseases affecting many people, such as cancer, rheumatoid arthritis and multiple sclerosis. To develop and produce these medicines, the bioprocessing industry relies on instruments and consumables supplied by GE and Danaher, amongst others. Danaher offered to
The EU Commission clears a merger subject to remedies in the biotechnologies market (Danaher / GE Healthcare Life Sciences’ Biopharma Business)
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