DuPont/Searle joint venture?
Executive Summary
DuPont is seeking alliances with pharmaceutical companies for its life science group, the company confirmed, and expects "to be able to conclude one or more of these alliances by the end of this year." The alliance statement comes against the background of recent speculation about a possible merger between DuPont and Searle parent Monsanto ("The Pink Sheet" March 8, p. 16). To highlight its life sciences, DuPont is preparing to create a tracking stock for that segment as early as next year