News
3 May 2011
Teva to Acquire Cephalon for $6.8 Billion
The combined company will have complementary commercial, R&D and operational capabilities and will provide a broad spectrum of specialty branded products.
Teva Pharmaceutical Industries Ltd. has agreed to acquire Cephalon for approximately $6.8 billion in cash. The transaction is expected to close in 3Q011.
The combined company will have complementary commercial, R&D and operational capabilities and will provide a broad spectrum of specialty branded products in niche therapeutic areas including CNS, oncology, respiratory and pain management. The combined branded portfolio represents approximately $7 billion in sales, with a pipeline including more than 30 late-stage compounds.
"We are embarking today on a new and exciting future
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