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Mergers & Acquisitions

Nov. 12, 2013

Latham advises on $2.6 billion pharmaceutical company sale

California's bustling biotechnology industry saw another multi-billion dollar deal last week with the announcement of San Diego-based drugmaker Santarus Inc.'s sale to Salix Pharmaceuticals Ltd.


By Dominic Fracassa


Daily Journal Staff Writer


California's bustling biotechnology industry saw another multi-billion dollar deal last week with the announcement of San Diego-based drugmaker Santarus Inc.'s sale to Salix Pharmaceuticals Ltd.


Latham & Watkins LLP counseled Santarus in the $2.6 billion all-cash deal with a team led by San Diego partner Scott N. Wolfe. Wolfe declined to comment on the transaction Friday.


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