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Teva To Acquire Barr Pharma

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By: Tim Wright

Editor-in-Chief, Contract Pharma

Teva Pharmaceutical Industries and Barr Pharmaceuticals have signed a definitive agreement under which Teva will acquire Barr for $7.5 billion plus the assumption of approximately $1.5 billion of debt. The acquisition will expand Israel-based Teva’s presence in the U.S. and Eastern European generics markets as well as add to Teva’s specialty pharmaceutical platform through the addition of Barr’s substantial women’s health portfolio.     Shlomo Yanai, president and chief executive office...

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