Tag: allergan
-
Allergan expands buyback to $15 billion, sets first quarterly dividend
The drugmaker said it was initiating a regular quarterly cash dividend of 70 cents per share. The company was created when Dublin-based Actavis bought the Botox maker in March 2015, snatching it from hostile bidder Valeant Pharmaceuticals Inc , and taking on the Allergan name. Allergan Chief Executive Brent Saunders has orchestrated a string of…
-
Toll rises to 17 in Pakistan oil tanker fire, many more feared dead
By Gul Yusufzai QUETTA, Pakistan (Reuters) – Pakistani firefighters were battling on Wednesday to douse a fire still raging more than a day after a series of explosions on a decommissioned oil tanker, with the death toll rising to 17, and more than 20 workers missing, officials said. Tuesday's initial blast occurred as workers were…
-
VW says will quit world rallying championship in 2017
Volkswagen said it will pull out of the world rally championship at the end of the season in 2017 as part of a strategic shift to help overcome its emissions scandal. “The VW brand is facing tremendous challenges,” VW brand R&D chief Frank Welsch said on Wednesday, citing the carmaker's push into zero-emission technology. Top…
-
Allergan to buy Tobira in push for fatty liver disease drugs
Just hours later on Tuesday, Allergan announced it would also pay $50 million upfront and make future milestone payments for Akarna Therapeutics Ltd, a privately held company that is planning early-stage studies of a treatment for NASH. There are no approved treatments for the disease affecting more than 15 million Americans, which involves accumulation of…
-
Allergan to buy Tobira in push for fatty liver disease drugs
Just hours later on Tuesday, Allergan announced it would also pay $50 million upfront and make future milestone payments for Akarna Therapeutics Ltd, a privately held company that is planning early-stage studies of a treatment for NASH. There are no approved treatments for the disease affecting more than 15 million Americans, which involves accumulation of…
-
Teva, Allergan win U.S. antitrust approval for generics deal
WASHINGTON (Reuters) – Teva Pharmaceutical Industries Ltd won U.S. antitrust approval to purchase Allergan Plc's generics business, after agreeing to divest 79 generic drugs to rival firms, the Federal Trade Commission said on Wednesday.
-
Valeant, Ackman must face U.S. insider trading lawsuit
A U.S. judge said Valeant Pharmaceuticals International Inc and activist hedge fund manager William Ackman must face a lawsuit accusing them of insider trading in Allergan Inc before making an unsuccessful takeover bid for the maker of Botox. In a Nov. 9 decision, U.S. District Judge David Carter in Santa Ana, California, rejected arguments by…
-
6 Ways a Holistic Approach Can Change Your Life
Holistic has many definitions — some call it woo-woo, others spiritual, others educated. I like to think of a holistic life as a wise life; you live a life that you know will be better by looking at the big picture, living life as wholly and being aware of the impact of your action.What we…
-
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…