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Valeant buys Mexican branded generics from Atlantis Pharma

 
• By Nancy Faigen

Valeant Pharmaceuticals said it will acquire assets from Altantis Pharma, a branded generics pharmaceutical company, for about $71 million, in order to expand its reach in Mexico.

Valeant Pharmaceuticals said it will acquire assets from Altantis Pharma, a branded generics pharmaceutical company, for about $71 million, in order to expand its reach in Mexico.

The specifics of the acquisition were not disclosed, but Valeant said that the acquired assets' total revenue in 2011 was...

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