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Actavis, Watson divest products and candidates to Par to satisfy merger conditions

Executive Summary

To satisfy FTC conditions associated with Watson Pharmaceuticals Inc.’s $5.6bn purchase of privately held generics firm Actavis Group, the two companies have agreed to divest a total of 14 generics (marketed products, pending ANDAs, and a development project) to Par Pharmaceutical Cos. Inc., which paid an undisclosed sum in cash.
Deal Industry
  • Pharmaceuticals
    • Generic Drugs
Deal Status
  • Final
Deal Type
  • Alliance
    • Product Purchase

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