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Home » Animal Drugmaker to Join Ivax
Animal Drugmaker to Join Ivax
Ivax Corp. agreed to buy Phoenix Scientific, a generic veterinary drugmaker. An agreement calls for Ivax to pay a combination of $196.85 million in cash and $75 million common stock for all of Phoenix. The Miami-based drugmaker is to then combine St. Joseph, Mo.-based Phoenix with DVM Pharmaceuticals, Ivax's veterinary products business.
The South Florida Business Journal (http://www.bizjournals.com/southflorida/stories/2005/02/14/daily32.html)
KEYWORDS FDAnews Drug Daily Bulletin
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