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Trading Alert for Barr Pharmaceuticals Inc.

Publication: M2 Presswire
Publication Date: 28-FEB-07
Format: Online
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-28 February 2007-Biotech News: Trading Alert for Barr Pharmaceuticals Inc.(C)1994-2007 M2 COMMUNICATIONS LTD

RDATE:28022007

Barr Pharmaceuticals is raising the bar (and lowering the prices) for many medications. Through its Barr Laboratories subsidiary, the company makes...

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...about 75 generic drugs (in about twice that many dosages and strengths) in such areas as women's health, diabetes, cardiology, and psychotherapeutics; it has placed an emphasis on developing generic oral contraceptives, with about 20 such drugs on the market. Barr's Duramed Pharmaceuticals subsidiary makes branded drugs, including extended-cycle oral contraceptive SEASONALE and estrogen-replacement therapy ENJUVIA. In 2006 Barr acquired Croatian drug company Pliva in a $2.5 billion deal, making Barr the third-largest generics maker worldwide.

Shares were down 5% swinging to a fourth quarter loss on Pliva buy.

BellwetherReport.com is a leading online research firm for international investors...

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