09:42 AM EST - Valeant Pharmaceuticals International, Inc. : announced today that its subsidiary, Biovail Laboratories International SRL (BLS), has agreed to acquire several privately-owned pharmacy skin care brands in Australia. The leading brands, including well-established local brands such as Hamilton's Suncare and Hamilton's Skin Therapy, are ranked #2 in suncare in the Australian pharmacy market. Total annualized sales of the acquired products are approximately AU$10 million. The acquisition is expected to be accretive in 2010. Valeant Pharmaceuticals International, Inc.
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