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People & Business :: M&A

Noven Completes Purchase of JDS Pharma

1:12 PM MDT | August 29, 2007 |


Noven Pharmaceuticals (Miami) says it has completed the previously announced acquisition of specialty pharma company JDS Pharmaceuticals (New York) for $125 million. The acquisition was first announced last July. JDS develops and markets branded medicines for depression and bipolar disorders. It says it also is developing high-potential drugs in the psychiatry and women’s health segments. Noven specializes in transdermal drug delivery technologies and prescription transdermal products. JDS will significantly increase Noven’s growth, and sales and...

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