Watson Becomes Actavis: Name Change To Reflect Greater International Focus

Watson’s merger with Actavis will create the world’s third-largest generic drug company, to be known as Actavis, with significant ex-U.S. market share, especially in the U.K., Nordic countries and Russia.

A new name next year and much greater focus on international business will result from Allergan PLC’s acquisition of Switzerland’s Watson, which closed Oct. 31.

Starting in 2013, the new combined company will be called Actavis. Notably, the once U.S.-centric Watson will gain stronger market...

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