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Forest gets option to buy moksha8 as Watson sells stake

This article was originally published in Scrip

Executive Summary

Forest Laboratories has entered into a strategic deal with the Latin American-focused product commercialisation company moksha8 which gives it an option to buy the firm outright in two years' time. It will provide up to $125 million to moksha8 over two years and has granted it exclusive rights to sell in Latin America the antidepressant Viibryd (vilazodone), one of the newer products that Forest is pinning its future hopes on.

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