Strategic Initiative

Slingshot members are tracking this corporate initiative:

FTC has voted 3-1-1 approving a final order settling charges that AbbVie's (ABBV) $63B takeover of Allergan (AGN) would violate federal antitrust law

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Additional Information

Additional Relevant Details The final order requires the companies to divest Allergan's EPI meds Zenpep (pancrelipase) and Viokase (pancrelipase tablets, powder) to Nestlé S.A.  and Allergan's IL-23 inhibitor brazikumab to AstraZeneca.
Slingshot Insights Explained
Strategic Initiative Date
Announcement Date:
Sep 04, 2020
Projected Implementation:
Q3, 2020
Relevance Tracked Until:
Q4, 2020
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Related Keywords Takeover, Merger