US drugmaker deal

August 25, 2011

NEW York Stock Exchange-listed Par Pharmaceutical Companies Inc has announced the US$410 million acquisition of privately held Anchen Pharmaceuticals. The all-cash deal will see Par take on Anchen’s portfolio of five commercialised products and pipeline of 27 New Drug applications already on file with the Food and Drug Administration. Par also owns Strativa Pharmaceuticals, and has a strategy of developing, manufacturing and marketing “high barrier-to-entry generic drugs and niche, innovative proprietary pharmaceuticals”.

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Pharmacy Daily | US drugmaker deal

US drugmaker deal

Other recent headlines

Mayne pushes Sun Pharma

Unscripted alcohol debate

LTR secures millions in capital raise

SEARCH PHARMACY DAILY

Featured video

Recent issues

INDUSTRY JOB VACANCIES