HEALTH
- Share via
McGaw Inc. Agrees to Takeover: The company said it has agreed to be taken over by IVAX Inc., a Florida maker of generic drugs. The tentative acquisition is a stock-swap deal valued at $440 million. Company officials said McGaw had been searching for a drug manufacturer to buy it since last spring as changes in the nation’s health care system were proposed. The company, based in Irvine, makes intravenous solutions that are mixed with drugs and sent to hospitals, clinics and home health care companies. Miami-based IVAX is a leading manufacturers of generic drugs.
More to Read
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
