Perrigo Buys Rosemont Pharma For $283m

By Admin
Perrigo Co, a maker of generic and over-the-counter drugs, announced today that it bought UK-based Rosemont Pharmaceuticals for approximately $283 mil...

 

Perrigo Co, a maker of generic and over-the-counter drugs, announced today that it bought UK-based Rosemont Pharmaceuticals for approximately $283 million in cash to gain access to Rosemont's oral liquid formulations business.

The deal is expected to add 8 cents to Perrigo's adjusted earnings per share for the remainder of fiscal 2013, Perrigo said in a statement.

Perrigo now expects fiscal 2013 adjusted earnings of $5.53 to $5.73 per share.

Source: Reuters

Share

Featured Articles

Wolters Kluwer Health: health equity and telehealth

Greg Samios, President & CEO at Wolters Kluwer Health Clinical Effectiveness, explores the role of health equity and telehealth in post-pandemic healthcare

World Mental Health Day: how parents can help stop bullying

How can parents help a child that is being bullied - or is a bully? Ready for World Mental Health Day, Dr. Monica Vermani explains what can be done

The Taiwan Excellence Award Winners on new technologies

Cypress Technology, Dacian Technology Material, Chroma ATE, Taiwan Advanced Nanotech & iDRC Chyng Hong Electronics are the Taiwan Excellence Award Winners

World Hepatitis Summit 2022 to support healthcare workers

Hospitals

5 minutes with Yoni Nevo, CEO of Sweetch

Technology & AI

Canada’s telehealth support for Ukrainian healthcare workers

Technology & AI