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UPDATE 1-Akorn gets U.S. approval to buy Hi-Tech Pharmacal, with conditions

2014-04-15 07:51:42| Biotech - Topix.net

Generic drugmaker Akorn Enterprises Inc has won U.S. antitrust approval to buy rival Hi-Tech Pharmacal Inc on condition that it sell three generic prescription eye medications and two generic topical anesthetics, the Federal Trade Commission said on Monday.

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Hi-Tech Pharmacal will pay $25 million to state of Texas

2013-12-26 16:51:56| Biotech - Topix.net

Hi-Tech Pharmacal Co. Inc. says it has reached a $25 million settlement with the Texas Attorney General to close the state's investigation of the company's pricing of products purchased with Texas Medicaid dollars.

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Boca Pharmacal sold to Endo Health for $225M

2013-08-29 05:58:31| Biotech - Topix.net

The privately held generic drug company was founded in 1998. The Business Journal profiled Boca Pharmacal and head Bob J. Edwards Jr. in 2007.

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Akorn to buy Hi-Tech Pharmacal for $640M

2013-08-27 20:34:59| Biotech - Topix.net

Akorn Inc. plans to pay $640 million in cash to buy fellow generic drugmaker Hi-Tech Pharmacal Co.

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