Forest Builds On Saunders’ Strategy With $2.9B Aptalis Buy

The specialty pharma makes its first acquisition of the New Year, tucking in gastrointestinal and cystic fibrosis franchises, which bolster its current therapeutic area offerings.

In-line with its multi-product strategy, Forest Laboratories Inc. announced its intentions to acquire privately held Aptalis Holdings Inc. on Jan. 8.

The $2.9 billion deal will delay new CEO Brent Saunders’ plans for a share repurchase program, but will help bolster...

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