BARR (only company rights to Plan B - morning after pill)

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FULL ARTICLE…

The Associated Press
WASHINGTON

The Federal Trade Commission said Friday that it has issued a formal approval of Barr Pharmaceuticals Inc.'s $2.5 billion acquisition of generic pharmaceutical company PLIVA d.d.

The FTC initially approved the transaction Oct. 20, subject to the sale of four product lines by Barr and PLIVA, which is based in Zagreb, Croatia. The initial approval was then followed by a 30-day public comment period, the agency said, and the FTC’s five commissioners then voted to formally approve the terms of the acquisition.

The Barr-Pliva combination creates the third-largest generic pharmaceutical company by revenue. The combined company will have a presence in over 30 countries, employ approximately 8,000 people and have annual revenue of about US$2.4 billion.

Shares of Barr Pharmaceuticals dropped 30 cents to end at $50.88 on the New York Stock Exchange.

businessweek.com/ap/financialnews/D8LSUNR80.htm
 
History…
BARR Pharmaceutical bought the rights from Women Capital Corp, a small group and pushed forth Plan B(only morning after pill on market).

Preven(contained estrogen and progestin) was another morning after pill that initially sold in the US but was taken off the US market. So BARR is holding the patent rights for the only morning after pill sold in the US. It spent alot of money sending lobbyists to the liberal states to pushed it forth in those states.

Now it has a major US WOMEN’S GOLF TOURNAMENT. Duramed is the division of BARR that handles the morning after pill - 2006 DURAMED FUTURES TOUR

en.wikipedia.org/wiki/Futures_Tour
 
Plan B causes early abortions. I hope that something happens and the FDA yanks it off the shelves.
 
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