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Searchlight CEO Heads Up Division As Apotex Wraps Up Acquisition

Deal Said To Be Worth $500m, Brings Apotex More Than 60 New Products

 
• By Dean Rudge

Apotex will aim to leverage the synergies between itself and Searchlight Pharma to “accelerate our continued growth,” after quickly closing its acquisition of its fellow Canadian firm.

Canadian flags
• Source: Shutterstock

Traditional generics and biosimilars firm Apotex has accelerated its growth within the specialty innovative branded pharmaceutical space, after quickly wrapping up its acquisition of fellow private Canadian company Searchlight Pharma.

Announced at the beginning of April (see sidebar), the deal was characterized by Apotex as creating a “Canadian health champion spanning

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