Krensavage Asset Management Remains Opposed to Sun Pharma's Predatory Bid for Taro Pharma

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Taro Pharmaceutical Industries Ltd.

TARO

Krensavage Asset Management today sent the following message to a special committee evaluating Sun Pharmaceutical Industries Ltd.'s bid for Taro Pharmaceutical Industries Ltd.

Dear Linda,

As the largest minority shareholder1 of Taro Pharmaceutical Industries Ltd. (NYSE:TARO), Krensavage Asset Management LLC remains opposed to Sun Pharmaceutical Industries Ltd.'s inadequate bid to take Taro private.

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