Financial News

Pfizer, Allergan To Merge

Botox is big business! Botox maker Allergan will merge with Pfizer in a record-breaking deal worth $160 billion. The merger was announced in Q4 2015. Allergan CEO Brent Saunders will be president and COO, while Pfizer CEO 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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