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Teva Wins Bidding For NuPathe And Its Migraine Patch, Topping Endo

This article was originally published in The Pink Sheet Daily

Executive Summary

Teva will be responsible for launching the Zecuity migraine patch after acquiring NuPathe for $144 million upfront. Teva’s $3.65 per share offer for NuPathe trumps Endo’s $2.85 per share, or $105 million, offer.

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