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Valeant Names Howard Schiller as Interim CEO

Valeant Names Howard Schiller as Interim CEO

Source: USA Today Valeant Pharmaceuticals International, the Canadian drugmaker whose CEO has been on medical leave while it faces congressional scrutiny over its pricing practices, said Wednesday it appointed Howard B. Schiller as interim CEO, effective immediately....
Pfizer and Allergan Merge in $160B Tax Inversion Deal

Pfizer and Allergan Merge in $160B Tax Inversion Deal

Source: USA Today U.S. pharmaceutical giant Pfizer(PFE) and Irish rival Allergan(AGN) Monday announced a record-breaking $160-billion merger, the largest in health-care industry history and the biggest yet using a controversial tax-saving strategy. In a transaction...
Valeant Names Howard Schiller as Interim CEO

Valeant, Ackman Must Face U.S. Insider Trading Lawsuit

Source: A U.S. judge said Valeant Pharmaceuticals International Inc (VRX.TO) (VRX.N) and activist hedge fund manager William Ackman must face a lawsuit accusing them of insider trading in Allergan Inc before making an unsuccessful takeover bid for the maker of Botox....