Sanofi spent $245 million on a priority review voucher to beat Novo Nordisk to market with a diabetes med pairing a basal insulin with a GLP-1. But the FDA had other ideas.
A jury in federal court in Boston on Friday acquitted a former executive with Allergan PLC’s Warner Chilcott unit of conspiring to pay kickbacks to doctors to prod them to prescribe the company’s drugs, the U.S. attorney’s office in Boston said.
The Pfizer-Allergan $160bn merger will create the world’s largest pharma company but potentially not for long, as the two CEOs discuss breaking the entity up in 2018.
Pfizer Inc on Monday said it would buy Botox maker Allergan Plc in a deal worth $160 billion to slash its U.S. tax bill, rekindling a fierce political debate over the financial maneuver.