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Actavis buys UK generics firm for £306m

This article was originally published in Scrip

Executive Summary

Actavis, which will shortly close its $66bn acquisition of Allergan, has agreed to buy privately held UK-focused generics firm Auden Mckenzie for around £306m in cash, plus a two-year royalty on one of Auden Mckenzie's products. The deal promises to make Actavis the number one supplier of generic pharmaceuticals in the UK.

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