Paladin Labs acquires Binotal rights in Latin America from Bayer

3 July 2013

Canadian specialty pharma firm Paladin Labs (TSX: PLB) has signed an agreement with German drug major Bayer (BAYN: DE) to acquire marketing rights to Binotal (ampicillin trihydrate) for Latin America including Mexico, Brazil, Columbia, Ecuador and select countries in Central America. Bayer will be providing certain distribution support services for an interim period.

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