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Mylan, Inc. has plans to acquire Bioniche Pharma Holdings Ltd., a global injectable pharmaceutical company, for $550 million in cash.
July 15, 2010
By: Tim Wright
Editor-in-Chief, Contract Pharma
Mylan, Inc. has plans to acquire Bioniche Pharma Holdings Ltd., a global injectable pharmaceutical company, for $550 million in cash. Bioniche Pharma will provide Mylan with immediate entry into the North American injectables market, as well as a platform for future growth opportunities. Mylan chairman and chief executive officer Robert J. Coury said: “We are extremely pleased to be adding this complementary, high growth, high margin business to our one-of-a-kind global pharmaceutical ...
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