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01.22.2008 11:37 am

KV buys premature birth treatment drug for $82 million

St. Louis Post-Dispatch

KV Pharmaceutical Co., based in Brentwood, said today it is paying $82 million for exclusive worldwide rights to sell Gestiva, a preventive treatment for premature birth that is awaiting regulatory approval.

KV said it is paying Bedford, Mass.-based Hologic Inc. $7.5 million as the…

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