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Par Pharmaceutical to Acquire JHP

Gains specialty injectable product portfolio

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By: Kristin Brooks

Managing Editor, Contract Pharma

Par Pharmaceutical Companies, Inc. has entered an agreement to acquire JHP Group Holdings, the parent company of JHP Pharmaceuticals, a specialty pharmaceutical company that develops, manufactures and markets branded and generic sterile injectable products and provides contract manufacturing services for global pharma companies. JHP will become a wholly-owned subsidiary of Par. The acquisition, subject to customary conditions, is expected to close 1Q14.    JHP has a marketed portfolio of 14 spec...

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