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Stock Market & Financial Investment News

News Breaks
January 24, 2014
07:51 EDTPRGOPerrigo receives FDA final approval for generic equivalent to Prandin
Perrigo announced that it has received final approval from the FDA for its abbreviated new drug application for repaglinide tablets 1 mg and 2 mg, the generic equivalent to Prandin Tablets and has commenced shipment of product. Perrigo previously launched the 0.5 mg strength in 2013.
News For PRGO From The Last 14 Days
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December 17, 2014
13:32 EDTPRGOPerrigo jumps after analyst discusses potential takeover by Teva
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09:26 EDTPRGOPerrigo would be good acquisition for Teva, says RBC Capital
RBC Capital views Perrigo (PRGO) as an attractive acquisition target and says in a note to investors that it thinks a takeover could be a good strategic fit with solid accretion for Teva (TEVA). Teva has interest in over-the-counter products and its growth rate would be boosted by the merger, RBC believes. The firm assumes a $200 per share value for Perrigo in its acquisition assumptions. Shares of the over-the-counter and generic pharmaceuticals company closed yesterday at $153.77.

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