Goodbye, Watson Pharmaceuticals -- Hello, Actavis

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Investors may have been surprised today to find that the ticker symbol for Watson Pharmaceuticals, a well-known stalwart of the generic pharmaceutical industry, is now defunct. However, there's no need to panic: The company has simply changed its name to Actavis (NYSE: AGN  ) . Our health-care analyst Max Macaluso goes into the details behind the rebranding in this video.

Editor's note: One look at the statistics box that enters the video at 19 seconds reveals the timeliness of this report -- this ticker is so new that the company's information hasn't yet been added to our database! The information listed there is incorrect, and the Fool regrets the error. 

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  • Report this Comment On March 25, 2013, at 2:38 AM, postalcanary wrote:

    heres what you dont know tho,

    Watson is one of the higher end generic drug manufactures.

    meaning they have more active ingredient in their medications and less filler.

    by law it can more or less of the active ingredient by 20-25 percent!!

    this matters alot.

    if you are fighting an infection or pain, sever pain, you NEED that extra amount.

    what ive heard about the compamny activas, is their medicines may be very very ineffective.

    my friend had to take 2 times as much of the regular dose to see results, in fact she switched to Watson!

    many people complain about this with the different generic medications on the market and activas is one of the ones I see being talked about in this way on other web sites.

    this mean that watson will start using activas suppliers to get their products from, instead of staying with the companies that Watson used....because they cost less.

    too bad.

    most inurance wont cover Brand name presrciptions any longer because of the cost, being so much higher.

    but when you have cancer, you want the best!!! you WANT THAT ETRA 25% THAT YOUR NOT GETTING WITH THEE CHEAP CUT RATE CO.

    But you get what you pay for.

    remember that, the next time you HURT your back, or break a bone, or get pneumonia, and you notice your not getting any relief look and see who made the medicine.

    chances are, it WONT be a brand name co.

    it will be some company out boofoo, china, africa, india......but it wont be from the states any more.

    sad sad sad.

    heres agood one.

    read about the clothing tailor, that decided to get into pharmacuitcals, and poisons 1000s of people in 2009.

    he swtiched for glycerine for diethelyne glycol.

    this is anti-freeze!! LOOK IT UP!

    this is true.

    google "diethyle glycol found in medications"

    I think they just put the dude to death last year!

    so just saying....weve always been at the mercy for the big pharma to make safe products, but when you get someone from another country, that isnt being monitored, NOR are they being monitored and tested when they come in to the USA.

    to expensive to do this testing. cant afford the manpower to save lives.


  • Report this Comment On June 19, 2013, at 2:41 PM, hurting234 wrote:

    I have cancer and I pay 12 1/2% more for the brand name rather than the generic. I have used the Watson Norco for years and have been more that satisfied with the quality and results. That being said I got my first bottle of the new Norco and it sucks. Not only does it not help my pain it adds to it with a headache.

  • Report this Comment On August 17, 2013, at 5:45 PM, actavisshame wrote:

    I have been on the same medication for years, it has always helped me until Actavis got a hold of its production. I will not go in to the details of my personal nightmare over this. My doctor cant believe Actavis has not responded to the 1000`s of complaints launched over the past few months, but they will soon as all of their past customers go to other manufacturers. Many of these complaints are online, many have been filed with lawyers. We are supposed to be able to trust you, but you have sunk to the lowest of lows. I do not see them doing very well in market next quarter, if your thinking of investing, this is the worse place I can think to do it. Watson would never allow this to happen, shame on you Actavis!!!

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