Valeant Pharmaceuticals (VRX +1.5%) announces that it plans to buy Russian drug firm Natur...

|About: Valeant Pharmaceuticals I... (VRX)|By:, SA News Editor

Valeant Pharmaceuticals (VRX +1.5%) announces that it plans to buy Russian drug firm Natur Produkt in a deal that will include a $180M payment upfront and another $5M in future payments. The company says the acquisition will give it a bigger toehold in Russia - a nation that it has in its sights as an important emerging market player.