Summary
Dava Pharmaceuticals Inc. has agreed to buy the U.S. subsidiary of German drug maker Stada Arzneimittel AG for $40 million.
Dava, a privately held pharmaceutical company based in Fort Lee, sells the painkiller oxycodone, the asthma medication VoSpire ER and the antibacterial drug Clarithromycin. The purchase of the Stada subsidiary, Cranbury-based Stada Inc., will add fifteen generic drugs to Dava's product line.See the full content of this document
Extract
Dava Buys Subsidiary of German Drug Maker
Stada's U.S. unit had sales of $12...
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