Tuesday, December 2, 2014

Japan’s Otsuka to buy Avanir for $3.5 billion ahead of patent cliff

(Reuters) – Japanese drugmaker Otsuka Holdings Co Ltd plans to buy U.S.-based Avanir Pharmaceuticals Inc for about $3.5 billion to expand its neurologic drug portfolio ahead of an expiration of a key drug patent.


Otsuka said subsidiary Otsuka Pharmaceutical Co Ltd would pay $17 per…

Japan’s Otsuka to buy Avanir for $3.5 billion ahead of patent cliff




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