Valeant to buy 'female Viagra' maker Sprout Pharma

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BMO Capital Remains Bullish on Valeant Pharma (VRX) Following Announced Acquisition of 'Female Viagra' Maker Sprout Pharma

August 20, 2015 11:29 AM EDT

BMO Capital reiterated an Outperform rating and $285 price target on Valeant Pharmaceuticals (NYSE: VRX) following the announced acquisition on Sprout Pharmaceuticals. Sprout recently received FDA approval for Addyi (filbanserin) , a non-hormonal pill for the treatment of acquired, generalized hypoactive sexual desire disorder (HSDD), on August 18th. Valeant will pay ~$1 billion... More

Palatin Technologies (PTN) Pops Higher; Valeant to Acquire Sprout Pharma in $1B+ Deal

August 20, 2015 7:35 AM EDT

Palatin Technologies (NYSE: PTN) shares are up over 12 percent following news that Valeant Pharma (NYSE: VRX) will acquire Sprout Pharma in a $1 billion plus milestones deal. For more color on the transaction, click here.

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Palatin Technologies (PTN) on Watch as Rival Sprout Said Near Deal to Be Acquired

August 20, 2015 6:21 AM EDT

Palatin Technologies (NYSE: PTN) is on watch amid reports from the Wall Street Journal that Valeant Pharmaceuticals (NYSE: VRX) is near a deal to by rival Sprout Pharmaceuticals, which just won FDA approval for a drug to boost a woman's libido, for $1 billion.

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