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Merz to buy dermal filler firm BioForm for $253 million

This article was originally published in Scrip

Executive Summary

Merz Pharma has agreed to buy the US medical aesthetics products maker BioForm Medical for $5.45 per share in cash, valuing the latter at about $253 million. The acquisition expands the privately owned German company's position in dermal fillers at a time when it is trying to reduce its reliance on revenues from the Alzheimer's disease treatment memantine.

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