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Shopaholic Valeant buys Pele and Gerot for emerging market thrust

 
• By Sukaina Virji

Valeant Pharmaceuticals has announced two acquisitions in as many days, but is being a little coy as to how much it has spent.

Valeant Pharmaceuticals has announced two acquisitions in as many days, but is being a little coy as to how much it has spent.

Valeant acquired 19.9% in Brazilian biotech firm Pele Nova Biotecnologia for "less than $10 million", it said. It also intends...

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