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Actavis Announces 42% Increase to $2.01 in Second Quarter 2013 Non-GAAP Earnings Per Share
Date:7/25/2013

launches of generic versions of Viagra® and Zometa® across Europe, a successful launch of generic Crestor® in Australia and continued to launch oncology injectable products around the world with the launch of Docetaxel in Japan. We also announced U.S. patent settlements for generic versions of  Ziana®,  Zyclara®, Intuniv® and the abuse deterrent version of OxyContin®, ensuring consumers will benefit from date certain entry of these products prior to patent expiry. We also confirmed patent challenges on a number of products, including generic forms of Safyral®, Diprivan® and AndroGel® 1.62%.

"In our Actavis Specialty Brands business, we experienced growth from U.S. sales of key promoted products, including Rapaflo®, Generess® Fe and Crinone®, while continuing to build our Specialty Brands pipeline for future growth.  We announced a unique partnership with Medicines360 that will provide Actavis with U.S. and Canadian commercial rights to Levosert™, and acquired worldwide rights to Valeant's Metronidazole 1.3% Vaginal Gel antibiotic development product, a topical antibiotic for the treatment of bacterial vaginosis.  Both products are at the registration stage and, if approved, could be launched as early as 2014.

"Most significantly, in May, we announced our intention to acquire Warner Chilcott plc, a transaction that will create a leading global specialty pharmaceutical company with approximately $11 billion in combined annual revenue.  The combination with Warner Chilcott will significantly expand our portfolio and pipeline in core areas of Women's Health and Urology, and add additional therapeutic categories of Dermatology and Gastroenterology.  We are aggressively planning for integration on Day 1, working with
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SOURCE Actavis, Inc.
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