Breaking News

Valeant Acquires Generic Co. in Mexico

Valeant Pharma will acquire Tecnofarma for approximately $33 million.

Author Image

By: Tim Wright

Editor-in-Chief, Contract Pharma

Valeant Pharmaceuticals International will acquire Tecnofarma S.A. de C.V., a privately held company located in Mexico for approximately $33 million. Tecnofarma is a producer of generic pharmaceuticals, with $33 million in annual sales primarily to the government and private label markets. Valeant’s subsidiary in Mexico works in the branded generics field and does not currently serve either of those two markets. The deal will allow Valeant Latin America to reduce its dependence upon thi...

Continue reading this story and get 24/7 access to Contract Pharma for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Contract Pharma Newsletters