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Saturday, 09/05/2020 3:30:42 AM

Saturday, September 05, 2020 3:30:42 AM

Post# of 400400
This was taken from the most resent Seeking Alpha article written for LCI....thanks Nasdaq2020

Industry Consolidation

The COVID-19 pandemic has caused 202 American businesses to file for bankruptcy through August. Given the pricing pressures on generics and the pandemic related economic downturn, there are considerable pressures on generic drug companies that could provide opportunities to acquire well priced businesses or products at bargain prices. While acknowledging its current debt position, LCI has indicated it is open to considering any potential M&A opportunities and/or product acquisitions that offer strategic benefits including expanded manufacturing capacity, a diversified product portfolio and pipeline, or complementary R&D expertise, as long as they are a strategic fit and accretive to the business.

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