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Otsuka To Bolster Drug Pipeline With $3.5B Avanir Buy

By Tom Zanki (December 2, 2014, 2:27 PM EST) -- Japan's Otsuka Pharmaceutical Co. Ltd. said Tuesday it plans to buy California drugmaker Avanir Pharmaceuticals Inc. for $3.5 billion in cash, deepening its penetration of the American market and refreshing its pipeline as the U.S. patent on its antipsychotic drug Abilify nears expiration....

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