Medications

Endo to buy Par Pharmaceutical for $8.05 bn

Endo International will buy Par Pharmaceutical Holdings in a $8.05 billion deal that will strengthen Endo's generic drugs business, the companies said Monday.

Medications

California court sides with consumers in generic drug fight

In a win for consumers, the California Supreme Court ruled Thursday that settlement agreements between pharmaceutical companies that keep cheaper, generic drugs off the market may be illegal if they include excessive cash ...

Medications

First generic Abilify approved

(HealthDay)—The first generic versions of the atypical antipsychotic drug Abilify (aripiprazole) have been approved by the U.S. Food and Drug Administration to treat schizophrenia or bipolar disorder.

Medications

Mylan rebuffs Teva again; calls bid low, insincere

Generic drug company Mylan rejected for the second time Monday a $40.1 billion takeover offer from Israeli pharmaceutical power Teva, just days after Mylan's own bid for rival Perrigo was rebuffed.

Medications

Teva offers to buy Mylan in $40.1B cash-and-stock deal

Generic drug giant Teva formally offered to buy fellow drugmaker Mylan for about $40.1 billion in cash and stock on Tuesday, despite Mylan's cold shoulder and the certainty the proposed acquisition will bring intense scrutiny ...

Medications

FDA approves first lower-cost biotech drug (Update)

Federal health officials have approved the first lower-cost copy of a biotech drug to reach the U.S. market, a long-awaited milestone that could generate billions in savings for insurers, doctors and patients.

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