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9 pts

Opinion on  Barr Pharmaceuticals Inc. (BRL)     Sector: Healthcare  >  Industry: Biotechnology & Drugs
Teva is on Target to Acquire Barr

Oct 29, 2008 11:21 PM GMT
Mikerun
Return Risk
+1.04% MID
Principal

Teva is on Target to Acquire Barr



The accompanying table [click to enlarge image] presents an updated calendar of expected FDA decision dates, including a new NDA filing by Johnson & Johnson (JNJ) for Comfyde and recent approval for Barr Pharma's (BRL) low-dose birth control pill Lo-Seasonique. Teva Pharma (TEVA) has closed a deal with Barr's unsecured credit holders in an effort to close its proposed $7.5B acquisition by year-end, which will expand Teva's generic drug business and also add to its line-up of brand name medications through Barr's strong presence in birth control.


BRL:  This call was made on 10/29/08 @ $61.18
Rating:   Positive   $61.18 (10/29/08)
Closed:   10/30/2008 @ $61.98 (+1.31% in 15 hours)


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Mike Havrilla previously rated BRL
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