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To: Haim R. Branisteanu who wrote (44695)1/4/2009 9:48:52 AM
From: elmatador  Respond to of 217556
 
Drug stocks: Teva Pharmaceutical completes acquisition of Barr Pharmaceuticals - Quick Facts
12/23/2008 9:56 AM ET

"Femcon Fe is the first and only FDA-approved chewable combination birth control pill that, when taken everyday, can help prevent pregnancy."

It just started climbing and Teva goes there and completes acquisition.

Barr Pharmaceuticals Inc. Is Climbing On Settlement News
12/22/2008 5:14 PM ET

Warner Chilcott, Barr Pharma Settle Femcon Fe Patent Suit
(RTTNews) - Barr Pharmaceuticals Inc. (BRL: News ) and Warner Chilcott Company announced after the bell Monday that they entered into a Settlement and License Agreement to resolve the pending patent litigation involving Warner Chilcott's oral contraceptive product, Femcon Fe. Barr will have a license to launch a generic version of Femcon Fe as early as July 1, 2012, approximately 7 years earlier than the expiration of the Warner Chilcott patent. Barr is now trading higher by 0.98 on 7.7 million shares.

Barr Pharmaceuticals dipped slightly at the open Monday and fell further in the final hour of trade. The stock closed down by 1.19 at $65.80 on strong volume.

by RTT Staff Writer