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Sun Pharma to acquire Nasdaq-listed DUSA Pharma for $230M

BY  TEAM VCC
This deal comes just three months after Sun reached an agreement to buy out the minority shareholders of NYSE-listed Taro Pharma for up to $592M.

Mumbai-based Sun Pharma Industries Ltd, India’s largest pharmaceutical company by market capitalisation, has struck another large overseas acquisition to buy NASDAQ-listed dermatology company DUSA Pharmaceuticals, Inc., for $230 million in cash.

DUSA is focused on developing and marketing...

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