Watson buys women's health-focused Uteron for up to $305m as it adopts Actavis name

On the eve of Watson Pharmaceuticals' transition to a new name in honor of the company's $5.6 billion acquisition of global generics competitor Actavis in 2012, the US firm has announced a purchase worth up to $305 million that's meant to fill its brand-name drug pipeline and increase the company's presence in the women's health market.