Endo International Divests Part Of American Medical Systems

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Endo International has agreed to sell its American Medical Systems’ men’s and prostate health businesses to Boston Scientific for $1.65 billion, Philadelphia Business Journal is reporting.

Endo, based in Malvern and Dublin, Ireland, could receive an additional $50 million if the business hits unspecified revenue targets in 2016. Endo is also evaluating possibilities for its AMS women’s health business.

You can find our coverage of Endo’s $2.6 billion acquisition of Auxillium here.

 

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