Ratiopharm is a German pharmaceutical company that is Europe's leading generics brand.
Ratiopharm was founded by Adolf Merckle and makes generic pharmaceuticals.
They are based in Ulm, Germany, with products being distributed[clarification needed] in over 35 countries worldwide.
[citation needed] On 18 March 2010 Teva announced that it planned to acquire Ratiopharm for US$5 billion.
Previously, Sven Dethlefs, who oversaw the takeover of Ratiopharm by Teva in 2010, held the position for five years until he moved to the group management in Israel in 2013.