VRX buying companies left and right -- Blueprint for Aralez?
From last weeks announcement a relatively small purchase for VRX......I think many of VRX's deals get "originated" by their hedge fund partners.... with their Business Developement teams also finding a few in between... Aralez will be looking more and more like a mini VRX as they further develope IMO... Deerfield as a focused healthcare partner is a great start... Also at some point Aralez may need to add a hedge fund partner focused on M&A in the healthcare market to work along side Deerfield...
Valeant Pharmaceuticals (NYSE:VRX) acquires Mercury Holdings, the holding company of Amoun Pharmaceutical, for $800M plus contingent payments. Amoun is the largest Egyptian pharma firm, expected to book sales of EGP1.75B ($227.5M) this year. It specializes in anti-hypertensives, broad spectrum antibiotics and anti-diarrheals.