Female libido pill maker Sprout bought by Valeant for $1 billion

August 20, 2015 11:54 AM

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Female libido pill maker Sprout bought by Valeant for $1 billion

Sprout Pharmaceuticals, which won federal approval this week for its female libido pill, is being bought by Valeant Pharmaceuticals for $1 billion.

The deal comes two days after Sprout received approval from the Food and Drug Administration for Addyi.

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