Navigation Links
Endo Pharmaceuticals Announces Agreement to Acquire Qualitest Pharmaceuticals for $1.2 Billion
Date:9/28/2010

to the challenges faced by the U.S. healthcare system."

Under the terms of the agreement, which have been unanimously approved by Endo's Board of Directors, Endo will acquire 100 percent of Qualitest for a total cash consideration of $1.2 billion. Endo intends to finance the purchase using $500 million in cash from its balance sheet, drawing down an existing $300 million revolving credit facility and has secured financing for up to $400 million.

Endo expects the transaction to be immediately accretive to adjusted earnings per share in the first full year after close. Upon deal closing, Endo anticipates that Qualitest would add approximately $400 million in annualized revenue and $0.40 in annualized adjusted diluted earnings per share. Endo also expects revenue growth of the combined generics business to be at least 15 percent over the next two years. Endo expects to realize a $30 million annualized cost synergy run-rate in 2013. The synergies will be associated with procurement, distribution, manufacturing and other general and administrative expenditures. The agreement contains customary representations, warranties, covenants, indemnities, conditions and termination provisions. The transaction is subject to regulatory review, including clearance by the relevant antitrust authorities and is expected to close late in the fourth quarter of 2010 or early in the first quarter of 2011.

Financial GuidanceEndo also reiterates its 2010 revenue guidance of between $1.63 billion and $1.68 billion dollars and full-year adjusted diluted earnings per share to be between $3.30 to $3.35 per share. The company also estimates reported (GAAP) diluted earnings per share to be between $1.88 to $1.96 per share. For an explanation of Endo's reasons for using non-GAAP measures, see Endo's Current Report on Form 8-K filed today with the Securities and Exchange Commission.

Lazard is acting as exclusive financial advisor to Endo and Skadden, Arps, Slate, M
'/>"/>

SOURCE Endo Pharmaceuticals
Copyright©2010 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9

Related medicine technology :

1. Auxilium Pharmaceuticals, Inc. Receives Clearance to Resume Clinical Trials for XIAFLEX(TM)
2. Vion Pharmaceuticals Completes Accrual of 85 Patients to its Pivotal Phase II Trial of Cloretazine(R) (VNP40101M) in Elderly AML
3. Solvay Pharmaceuticals, Inc. and Wyeth Pharmaceuticals Announce Receipt of an FDA Action Letter for Bifeprunox, an Investigational Treatment for Schizophrenia
4. Callisto Pharmaceuticals Opens Additional Sites for Phase II Clinical Trial of Atiprimod in Advanced Carcinoid Cancer Patients
5. WallSt.net (www.wallst.net) Updates the Investment Community Through an All-New Interview With RegeneRx Biopharmaceuticals CEO
6. Quark Pharmaceuticals, Inc. Presented Positive Preclinical Results of Systemic RNAi Compound for Acute Renal Failure (ARF)
7. Peregrine Pharmaceuticals Doses First Patient in Cotara(R) Phase II Brain Cancer Trial In India
8. Nabi Biopharmaceuticals Announces Second Quarter 2007 Financial Results
9. Access Pharmaceuticals Provides Update on Clinical Development Plan of ProLindac
10. Quark Pharmaceuticals Extends Research Agreement with State University of New York for Proprietary siRNA Compounds for Acute Hearing Loss
11. Acura Pharmaceuticals, Inc. Secures Financing to Fund Pivotal Phase III Clinical Trial for Lead Aversion(R) Technology Product Candidate
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:4/25/2015)... 25. April 2015 Hospira, Inc. ... der Entwicklung von Biosimilar-Behandlungen, sprach heute auf der ... Generikaverbands (EGA) in London ... der Verfügbarkeit von Biosimilars für Patienten. ... White Papers mit dem Titel „Why extrapolation ...
(Date:4/24/2015)... 24, 2015  Perrigo Company plc ("Perrigo" or the ... the unsolicited offer from Mylan NV ("Mylan") (NASDAQ: ... of Perrigo for $60.00 per share in cash and ... (the "Offer").  The Board previously concluded ... undervalued the Company and its future growth prospects and ...
(Date:4/24/2015)... N.C. , April 24, 2015  New ... ability of consumers to educate themselves about products ... the tools and techniques available to market researchers ... the changing consumer marketplace, it,s imperative that organizations ... to better identify market opportunities, niches and growth ...
Breaking Medicine Technology:Führungskräfte von Hospira präsentieren auf bedeutendem europäischen Biosimilars-Forum - Ankündigung eines White Papers über Extrapolation 2Führungskräfte von Hospira präsentieren auf bedeutendem europäischen Biosimilars-Forum - Ankündigung eines White Papers über Extrapolation 3Führungskräfte von Hospira präsentieren auf bedeutendem europäischen Biosimilars-Forum - Ankündigung eines White Papers über Extrapolation 4Führungskräfte von Hospira präsentieren auf bedeutendem europäischen Biosimilars-Forum - Ankündigung eines White Papers über Extrapolation 5Führungskräfte von Hospira präsentieren auf bedeutendem europäischen Biosimilars-Forum - Ankündigung eines White Papers über Extrapolation 6Führungskräfte von Hospira präsentieren auf bedeutendem europäischen Biosimilars-Forum - Ankündigung eines White Papers über Extrapolation 7Führungskräfte von Hospira präsentieren auf bedeutendem europäischen Biosimilars-Forum - Ankündigung eines White Papers über Extrapolation 8Perrigo Rejects Mylan Unsolicited Offer 2Perrigo Rejects Mylan Unsolicited Offer 3Perrigo Rejects Mylan Unsolicited Offer 4Pharmaceutical Industry Using New Technologies to Adjust Their Marketing and Research Approaches for Consumers 2
... April 18, 2012  CAQH® announced today that ... the Universal Provider Datasource® (UPD®), demonstrating that ... standard for self-reported provider data used to ... network directories, referrals and claims administration. ...
... Live has revealed further details of the newest event ... (SEA) 2012. Set to debut from 10-12 May 2012 at ... first trade show and exhibition of its kind to be ... CPhI SEA will provide a meeting place ...
Cached Medicine Technology:One Million Healthcare Providers Now Use the CAQH Universal Provider Datasource 2One Million Healthcare Providers Now Use the CAQH Universal Provider Datasource 3Leading Pharma Ingredients Event Debuts in Growing ASEAN Market 2Leading Pharma Ingredients Event Debuts in Growing ASEAN Market 3
(Date:4/27/2015)... CA (PRWEB) April 27, 2015 Healthpointe ... invasive treatments for nail fungi and infections. Onychomycosis, which ... affect up to 10% of adults in the Western ... and irregularity in thickness. , Healthpointe’s Anaheim ... , a branch dedicated to providing quality skincare products ...
(Date:4/27/2015)... Dallas, Texas (PRWEB) April 27, 2015 ... expected to grow at a CAGR of 5.9% during ... greatest market share in the materials healthcare packaging market, ... The Global Pharmaceutical Packaging market is extremely ... companies occupy a major portion of the market with ...
(Date:4/27/2015)... 27, 2015 Texas has saved $433 ... drug offenders to providing drug offenders with addiction treatment, ... on April 8th. Several states, including Massachusetts, are considering ... incarceration. Texas has formed community recovery programs to help ... The Council of State Governments WA, ID, NE, ...
(Date:4/27/2015)... Angeles, CA (PRWEB) April 27, 2015 ... Baradaran, is now offering comprehensive gummy smile treatments. “Some ... teeth,” Dr. Baradaran explains, “It is a purely cosmetic ... can eliminate the unnecessary tissues and expose more of ... They can also be used to reshape the underlying ...
(Date:4/27/2015)... 27, 2015 Consumer Choice Award ... Providers in their respective sectors for Ottawa. We would ... winners; your dedication to superior service has resonated with ... Consumer Choice Award gathers opinions, perceptions and expectations through ... winners have gone through a rigorous selection process conducted ...
Breaking Medicine News(10 mins):Health News:Southern California Healthpointe Clinics Now Treating Nail Fungus 2Health News:Global Pharmaceutical Packaging Market to Grow at 5% CAGR to 2019 Says a New Report at RnRMarketResearch.com 2Health News:Global Pharmaceutical Packaging Market to Grow at 5% CAGR to 2019 Says a New Report at RnRMarketResearch.com 3Health News:Global Pharmaceutical Packaging Market to Grow at 5% CAGR to 2019 Says a New Report at RnRMarketResearch.com 4Health News:Texas Saves $443 Million Embracing Justice Reinvestment for Drug Charges 2Health News:Texas Saves $443 Million Embracing Justice Reinvestment for Drug Charges 3Health News:Los Angeles Periodontist, Dr. Sharyar Baradaran, Now Offers Comprehensive Treatments to Correct Gummy Smiles 2Health News:2015 Ottawa Consumer Choice Award-Winners 2Health News:2015 Ottawa Consumer Choice Award-Winners 3Health News:2015 Ottawa Consumer Choice Award-Winners 4Health News:2015 Ottawa Consumer Choice Award-Winners 5Health News:2015 Ottawa Consumer Choice Award-Winners 6Health News:2015 Ottawa Consumer Choice Award-Winners 7
... , WASHINGTON , Jan. ... detailed concerns for congressional leaders to consider as they negotiate combining ... actuaries underscored the need to limit adverse selection, whether it is ... current design of a new federal long-term care insurance program better ...
... brought directly to trauma center, study finds , THURSDAY, Jan. ... the spines of trauma patients, to avoid a broken neck ... double the likelihood that gunshot and stabbing victims will die ... , The researchers, who report their findings in the January ...
... ... ... -- With flu experts predicting another wave of H1N1 flu, Blue Cross Blue Shield ... and covered by your BCBSMA health plan. BCBSMA members are able to receive the H1N1 ...
... , DUBLIN, Calif. , Jan. ... beauty devices, today announced distribution of its flagship product, TRIA ... nationwide, full-line, upscale department store; and a division of Macy,s, ... market, TRIA Beauty is committed to providing consumers with innovative ...
... PHILADELPHIA , Jan. 14 InstaMed announced ... first fully integrated and open Application Programming Interface (API) ... InstaMed,s industry leading platform and network.  There are currently ... practices and hospital accounts using InstaMed Connect, which was ...
... An Indiana University School of Optometry researcher,s ongoing work ... the world,s leading causes of blindness will advance with ... Institutes of Health. IU School of Optometry Professor ... will conduct patient studies at optometry clinics in Bloomington, ...
Cached Medicine News:Health News:Actuaries Detail Health Care Reform Concerns to Congressional Leaders 2Health News:Actuaries Detail Health Care Reform Concerns to Congressional Leaders 3Health News:Stabilizing Spine May Be Waste of Time in Gun, Knife Victims 2Health News:Blue Cross Blue Shield of Massachusetts Urges Members to Get Their Flu Shot 2Health News:TRIA Laser Hair Removal System Now Available at Bloomingdale's 2Health News:InstaMed Announces the Release of InstaMed Connect for Integrated Real-Time Healthcare and Payment Transactions 2Health News:InstaMed Announces the Release of InstaMed Connect for Integrated Real-Time Healthcare and Payment Transactions 3Health News:Refinement of glaucoma testing, treatment expected from US, United Kingdom study 2Health News:Refinement of glaucoma testing, treatment expected from US, United Kingdom study 3
Latex-free coronary artery perfusion/cardioplegia infusion cannulae....
... OXYPLETH is seven pounds of intelligent ... combined with software developed over 7 ... provides the ultimate in non-invasive oxygen ... oximeter monitor technology and sophisticated saturation ...
... Oximeter is a lightweight, portable console display module. ... two separate channels for up to one or ... as adjustable alarms for low and high limits ... user friendly and requires minimal training., ,Sensors of ...
... the Novametrix' family of capnography products. Along ... are the only handheld, mainstream capnographs available ... patient's airway condition and ventilatory status. Based ... capnographs, we miniaturized the size, not the ...
Medicine Products: