Pharmaceuticals - Generic / Specialty
Merck & Co Inc Announces $5 Billion Accelerated Share Repurchase
Merck & Co Inc announced that it has entered into an accelerated share repurchase agreement (ASR) with Goldman, Sachs & Co. to repurchase $5 billion of Merck`s common stock. Proceeds from the Company`s recently concluded debt offering were used to execute the ASR, which is part of Merck`s previously...
Herbalife Ltd Engages PricewaterhouseCoopers LLP As Auditors
Herbalife Ltd filed a Form 8-K indicating that the Audit Committee of its Board of Directors has engaged PricewaterhouseCoopers LLP (PwC) as the Company's independent auditors. PwC will commence work immediately to re-audit the Company's consolidated financial statements for the fiscal years ended...
Drug Regulator To Probe Ranbaxy Laboratories Ltd's Records, Approvals In India-Business Standard
Business Standard reported that Ranbaxy Laboratories Ltd has just managed to settle long-pending issues with the US Department of Justice after agreeing to pay a hefty penalty of $500 million. The health ministry has now ordered the Drugs Controller General of India (DCGI) to conduct a detailed...
Baxter International Inc Receives Marketing Authorization For Hyqvia In European Union
Baxter International Inc and Halozyme Therapeutics, Inc announced that the European Commission has granted Baxter marketing authorization in all European Union (EU) Member States for the use of HyQvia (solution for subcutaneous use) as replacement therapy for adult patients with primary and...
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