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CRITICALTRT

Perrigo Company and Paddock Laboratories, Inc.

The FTC required generic drug manufacturers Perrigo Company and Paddock Laboratories, Inc. to divest six generic drugs as a condition of resolving charges that Perrigo's $540 million acquisition of Paddock would be anticompetitive. The settlement included specific provisions to preserve future competition in the market for generic testosterone gel. A modified final order issued on June 26, 2012 directed the companies to sell the six generic drugs to Watson Pharmaceuticals, Inc.

required generic drug manufacturers Perrigo Company and Paddock Laboratories, Inc. to sell six generic drugs under a proposed settlement resolving charges that Perrigo's proposed $540 million acquisition of Paddock would be anticompetitive

The proposed settlement also contains provisions to ensure future competition in the market for generic testosterone gel product.

the FTC issued a modified final order that required the companies to sell six generic drugs to Watson Pharmaceuticals, Inc.

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