Ascendis Health to buy Romania’s Sun Wave Pharma for 42.5 mln euro

Ascendis Health Limited CEO Karsten Wellner South African over-the-counter (OTC) healthcare products maker Ascendis Health Limited said on Wednesday it plans to acquire Romanian alternative medicine products distributor Sun Wave Pharma for 42.5 million euro ($47.7 million). The business will be acquired with a maximum deferred payment of 23 million euro over three years based…