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UPDATE 2-Ranbaxy gets U.S. OK for acne treatment
* Ranbaxy sees U.S. launch of Absorica in Q4 * Cipher, Galephar Pharma to get $9 mln milestone fee * Cipher to draw royalty on sales from Ranbaxy * Cipher shares jump 58 pct to a 4-year high on TSX May 28 (Reuters) - Indian group Ranbaxy Laboratories has received U.S. approval for acne treatment drug Absorica and expects a U.S. launch in the fourth quarter of this year. Ranbaxy holds
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