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$160 billion deal will merge two industry leaders.
November 23, 2015
By: Melissa Meisel
Botox is big business! Botox maker Allergan will merge with Pfizer in a record-breaking deal worth $160 billion. Allergan CEO Brent Saunders will be president and chief operating officer, while Pfizer Chief Executive Officer Ian Read will maintain his position. “The combination of Allergan and Pfizer is a highly strategic, value-enhancing transaction that brings together two biopharma powerhouses to change lives for the better,” said Saunders. “This bold action is the next chapter in the succ...
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