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24Sep/102:24 PM

Video: Warner Chilcott Buys U.S. Right to Enablex from Novartis

Warner Chilcott (WRCX) and Novartis (NVS) said today Warner Chilcott is buying the US rights to market Novartis Enablex, for a total of $420 million. Warner Chilcott is paying $400 million upfront for the US rights to the drug, which treats overactive bladder, as well as an additional $20 million in milestone payments.