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Friday, September 22, 2006REBIF...SERONO -A Billionaire Sells His Biotech - Forbes.com: "Ernesto Bertarelli, the richest man in Switzerland, may have a lot more time for sailing. Since taking over drug firm Serono in 1996 from his father, Bertarelli has built it into Europe's biggest biotech. A public offering in 2000 netted $2 billion; Serono's market capitalization rose to $13 billion. Now, he has sold his family's controlling share of the company to German drug giant Merck.... |