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AstraZeneca Capitalizing On Respiratory With Actavis’ Divestiture

This article was originally published in The Pink Sheet Daily

Executive Summary

The British pharma is acquiring Actavis’ unwanted respiratory portfolio in a deal that will help AstraZeneca meet the $8 billion in revenues it expects to achieve from its respiratory franchise by 2023. For Actavis, it means unloading a handful of drugs that were underperforming and neglected.

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