Allergan, Maker of Botox, Confirms It Is in Talks With Pfizer

October 29, 2015 1:52 PM

33 0

Allergan, Maker of Botox, Confirms It Is in Talks With Pfizer

Allergan confirmed on Thursday that it was in preliminary discussions to sell itself to Pfizer, potentially setting up a blockbuster merger of two drug makers as the industry undergoes an enormous wave of consolidation.

A takeover of Allergan, which manufactures Botox, would be the biggest deal of the year, given the company’s market value of $113 billion as of Thursday morning.

Also read: Vedanta to invest 200 bln rupees over 3 yrs to expand aluminium capacity

Read more

To category page

Loading...