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Lupin Shells Out $880M For NJ-Based Pharma Co.

By Jeannie O'Sullivan (July 23, 2015, 8:36 PM EDT) -- Lupin Ltd. said Thursday it has reached an agreement to acquire New Jersey-based Gavis Pharmaceuticals LLC and its manufacturing affiliate, Novel Laboratories Inc., in an $880 million transaction that will boost the Mumbai, India-based company's U.S. market share in generics....

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