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Lundbeck closes Ovation acquisition

 
• By Simon Varcoe

Lundbeck has closed its acquisition of Ovation Pharmaceuticals following the expiry of the 30-day review period required by the US Federal Trade Commission.

Lundbeck has closed its acquisition of Ovation Pharmaceuticals following the expiry of the 30-day review period required by the US Federal Trade Commission.

The Danish company agreed to acquire Ovation for around DKK5.2 billion ($900 million) last month and hopes that the acquisition will help it establish a commercial platform in the US...

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