In January 2011, the Committee for Medicinal Products for Human Use (CHMP) of the European Medicines Agency (EMA) confirmed its previous position and adopted a final negative opinion regarding our marketing authorization application for cladribine tablets in Europe.
On February 7, 2011, all the conditions for the closing of the divestment of the Crop BioScience activities were fulfilled. At a selling price of EUR 208 million, the pre-tax gain on the sale is expected to be around EUR 160 million. As of December 31, 2010, the activities were recorded in the Group financial statements as assets and liabilities held for sale.
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