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Valeant acquires Swiss Herbal assets

This article was originally published in Scrip

Executive Summary

Valeant Pharmaceuticals has agreed to acquire certain assets from Swiss Herbal Remedies Ltd, a nutraceutical company that manufactures and markets a range of vitamins, minerals and supplements, for less than one time sales. Total net revenue in 2011 from the acquired assets was about C$28 million, Valeant said.

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