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Salix scoops up Santarus for $2.1bn in cash

Executive Summary

Gastrointestinal-focused Salix Pharmaceuticals Ltd. is paying $2.1bn ($32.00 per share in cash; a 35% premium) to acquire all the outstanding stock of fellow public specialty pharmaco Santarus Inc. (acquires, develops, and sells physician specialty products).
Deal Industry
  • Biotechnology
  • Pharmaceuticals
    • Specialty Pharmaceuticals
Deal Status
  • Final
Deal Type
  • Acquisition
    • Payment Includes Cash
    • Includes Contract
    • Full Acquisition

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