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Deal Watch: AbbVie And Shire To Merge, Pfizer Strengthens Global Established Pharma Business

Executive Summary

Mylan gets tax-inversion benefits and acquires Abbott’s ex-U.S. specialty and branded generics business for $5.3 billion. In addition, Lilly will collaborate with Immunocore to discover and develop new T cell-based cancer drugs, while Novartis will partner with the Banner Alzheimer’s Institute to study the potential of anti-amyloid drugs in Alzheimer’s.

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