Zydus On Acquisitions, $100m Specialty Biz Target, Asacol Competition
No Generic Revlimid Sales In Q2
Zydus is still on the lookout for deals post the recent acquisition of UK-based LiqMeds group as it sets a $100m sales target from specialty/rare disease products. Meanwhile, US revenues are seen stabilizing with new launches, even as lack of generic Revlimid sales in Q2 led to a 24% drop over the previous quarter.
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