Endo Health to buy private generic drugs firm for $225 million

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Endo Health to buy private generic drugs firm for $225 million

(Reuters) - Specialty pharmaceutical company Endo Health Solutions Inc said it would buy privately-held Boca Pharmacal for $225 million to boost its generics business, as two of its biggest drugs are set to lose patent protection. Endo, which makes branded and generic drugs, has been trying to shed non-core assets and boost profit through acquisitions as its top seller, the Lidoderm pain-relieving patch, could face generic competition from September. ...

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