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Teva Pharmaceutical Industries, an Israeli generic drug manufacturer, will purchase Barr Pharmaceuticals. The two companies announced the agreement Friday morning.
Teva is the world's largest generic drug manufacturer and Barr is the fourth largest. Barr owns Barr Laboratories, in Forest. With 570 employees, the company is Bedford County's largest non-public employer and, county officials note, is a major contributor to the county's tax base.
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