Mumbai-based Pharma Major Lupin Ltd. plans to expand in the U.S. generic drug market by picking up Gavis Pharmaceuticals LLC and Novel Laboratories Inc. in an $880 million deal.

Gavis, headquartered in Somerset, New Jersey, formulates, markets and distributes pharmaceutical products, including generic versions of MiraLax and Plan B One-Step. Novel Laboratories Inc., which is part of Gavis, is a research and development business that commercializes medication.

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