Welcome Guest to Happi

Subscribe Free: Magazine | eNewsletter

current issue March 2015
 •  Save Your Seat at Happi's Brand Building Breakfast  •  Despite Global Tensions, Execs Expect Growth  •  Sizzling Somers  •  Suavitel Adds In-Wash Scent Booster  •  Bergdorf Goodman Picks Up Caron Paris
Print

Botox on the Block?



Published April 29, 2014
Related Searches: OTC/Medicated companies Actives Skin Care
Post a comment
Botox on the Block?

Allergan, which owns Botox, has approached Sanofi and Johnson & Johnson and other companies to gauge their interest in acquiring the company.


The reported moves comes after larger rival Valeant Pharmaceuticals joined forces with activist investor Bill Ackman to make an unsolicited $46 billion bid for the Botox maker. Allegan has adopted a poison-pill defense in its efforts to fend off the Valeant takeover, which has prompted analysts at Stifel to downgrade the pharmaceutical company to hold from buy. Shares in Allergan rose 1.2% just after the open.


blog comments powered by Disqus