Business & Tech
Malvern Business Spends $225 Million in a Day
See how Endo Health Solutions spend their money Wednesday.
A Malvern-based business you might have never heard of made a splash on the market Wednesday.
Endo Health Solutions, "a specialty healthcare company" that, among other things, specializes in branded and generic pharmaceuticals, purchased a rival medical company for $225 million dollars.
Boca Pharmacal, the company Endo spent over $200 million to aquire, is described in a release as "a specialty generics company that focuses on niche areas … as affordable alternatives to brand-name products."
Interested in local real estate?Subscribe to Patch's new newsletter to be the first to know about open houses, new listings and more.
The $225 million price tag comes on the heals of Endo spending $4.5 billion on acquisitions in 2010 and 2011, according to The State.
Interested in local real estate?Subscribe to Patch's new newsletter to be the first to know about open houses, new listings and more.
Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.
We’ve removed the ability to reply as we work to make improvements. Learn more here
