Allergan sale

July 28, 2015

TEVA Pharmaceuticals and Allergan overnight confirmed that Teva will buy Allergan’s generic drug business (PD yesterday), with Teva also formally withdrawing its rival offer for Mylan. After the acquisition Teva will have a commercial presence in 100 markets, with the company saying it will “help eliminate inefficiencies and duplications in the global generics space”. Teva will acquire Allergan’s Actavis operations globally, the firm’s generics R&D unit, the international OTC commercial unit and its global manufacturing operations.

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Pharmacy Daily | Allergan sale

Allergan sale

Other recent headlines

PD breaking news – Pharmacists to administer NIP vaccinations in aged care

PD breaking news – Top Western Australian talent honoured

Legal action for Montu

SEARCH PHARMACY DAILY

Featured video

Recent issues

INDUSTRY JOB VACANCIES