February 2, 2015 / 12:03 PM / 3 years ago

Mylan buys female health businesses from Indian drugmaker

Feb 2 (Reuters) - Mylan Inc said it would buy Indian drugmaker Famy Care Ltd’s female health businesses to expand its line of women’s health products.

The U.S. drugmaker will pay $750 million in cash and $50 million in contingent payments, the companies said in a statement.

Mylan expects the deal to add to its profits in 2015. (Reporting by Vidya L Nathan in Bengaluru; Editing by Savio D‘Souza)

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