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Latest Blog

Latest Blog

Teva Buys Allergan’s Generics Business to Consolidate Pole Position | Sherpas in Blue Shirts July 28, 2015 - On July 27, Israel-based Teva Pharmaceutical announced the acquisition of Allergan’s generics business unit for US$40.5 billion in cash and stock, consolidating its position as the leader in off-brand drugs. The deal which becomes the latest in a wave of high-profile consolidation in the pharmaceutical industry, combines Teva, the world’s largest generics drug company with […]