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South Africa's Aspen strikes distribution deal with U.S. drugmaker Mylan

December 13, 2018 6:08 PM
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JOHANNESBURG (Reuters) - Aspen Pharmacare has struck a deal with U.S. generics maker Mylan to distribute a portfolio of prescription and over-the-counter drugs in Australia and New Zealand.

The arrangement by Aspen Global Incorporated and its Australian subsidiaries includes an option for Mylan to buy the portfolio for approximately 188 million Australian dollars ($136 million), the company said in a statement.

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