Nycomed completes $346M Bradley buy
Danish drugmaker Nycomed has completed its previously-announced $346.0 million acquisition of US specialty and generics drugmaker Bradley Pharmaceuticals (Marketletter November 5, 2007). With this, Nycomed will expand the line of dermatological products currently offered through its PharmaDerm Division and thereby increase market coverage and drive future growth. Combined with Nycomed's Fougera Division, total annualized sales will be $450.0 million, making Nycomed a leader in the US dermatology market, the firm claims.
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