Tag: the-merger
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Branded drugs help Botox-maker Allergan beat profit estimates
(Reuters) – Allergan Plc, created from the merger of Actavis and Allergan, reported a better-than-expected quarterly profit on strong sales of high-margin branded drugs, its biggest business. The merger brought signature drugs such as Botox anti-wrinkle treatment and eye drops Restasis under one roof, freeing Allergan to enter into a deal to sell its generics…
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VW needs new structures to avoid future scandals: German government spokesman
Germany expects Volkswagen to clear up the latest irregularities in a transparent way, adding the carmaker needs to set up new structures to ensure that such a scandal does not happen again, a government spokesman said on Wednesday. “VW has a duty to clear this up transparently and comprehensively,” Steffen Seibert, the spokesman for Chancellor…