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Watson acquisition of Royce would add 19 generic products to line; Watson Microzide NDA approved.

Executive Summary

WATSON ACQUISITION OF ROYCE BRINGS COMPANY 19 MARKETED GENERIC DRUGS, 11 ANDAs pending at FDA and approximately 15 off-patent drugs in development. Watson said it was attracted to Royce's pipeline and its current product line, which has only three products that overlap with Watson's. The sales and marketing groups at Watson and Royce will be combined, Watson said Dec. 26.

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