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Teva, Allergan complete $39 billion generics deal

Teva, Allergan complete $39 billion generics deal

Teva Pharmaceutical Industries Ltd. has closed its acquisition of the Allergan plc generics business. The companies said Tuesday that under the deal, announced last July, Allergan receives $33.4 billion in cash and 100.3 million shares of Teva stock, valued at $5.

Mylan launches pair of new generics in U.S.

Mylan launches pair of new generics in U.S.

Mylan N.V. this week introduced two new generic drugs in the U.S. market. On Monday, the company announced final Food and Drug Administration approval for dextroamphetamine sulfate extended-release capsules — in dosages of 5 mg, 10 mg and 15 mg — and finasteride tablets 1 mg.

Industry mourns passing of Mars Inc.’s Forrest Mars Jr.

Industry mourns passing of Mars Inc.’s Forrest Mars Jr.

Forrest E. Mars Jr., heir to candy giant Mars Inc. and its former co-president, has died at age 84. Mars Jr., who passed away on July 26, was the eldest son of Audrey and Forrest E. Mars Sr. and the grandson of Frank C. Mars, the founder of Mars Inc. With his brother

CutisPharma appoints chief scientific officer

CutisPharma appoints chief scientific officer

Steven Dinh has joined CutisPharma as executive vice president and chief scientific officer. CutisPharma said Monday that Dinh will play a key role at the company, overseeing its efforts to develop its pipeline of drugs for New Drug Application (NDA) submission to the Food and Drug Administration.

Mack’s Earplugs promo ties to Streep’s new movie

Mack’s Earplugs promo ties to Streep’s new movie

McKeon Products Inc. is promoting its Mack’s Earplugs in a contest to win tickets to the Paramount Pictures film “Florence Foster Jenkins,” starring Meryl Streep and Hugh Grant. During the “Florence Foster Jenkins” Movie Ticket Sweepstakes, which kicked off this week and runs to Aug.

Sanofi Pasteur begins shipment of flu vaccines

Sanofi Pasteur begins shipment of flu vaccines

Sanofi Pasteur is shipping its first doses of Fluzone vaccines for the 2016-17 flu season following their release by the Food and Drug Administration. Sanofi’s vaccines division said the shipment marks the start of more than 65 million doses of seasonal flu shots that it will deliver to U.S.

FTC clears Teva-Allergan, Mylan-Meda acquisitions

FTC clears Teva-Allergan, Mylan-Meda acquisitions

The Federal Trade Commission has given its approval to two major pharma acquisitions: Teva Pharmaceutical Industries Ltd.’s $40 billion deal to buy Allergan plc’s generics business and Mylan N.V.’s $9.9 billion deal to acquire Meda AB.

My Imports USA buys TAG from P&G

My Imports USA buys TAG from P&G

Consumer goods manufacturer, distributor and marketer My Imports USA has acquired the TAG men’s personal care brand from Procter & Gamble Co. Financial terms of the transaction weren’t disclosed.

Ranir buys Rembrandt teeth whitening brand

Ranir buys Rembrandt teeth whitening brand

Ranir LLC, maker of the oral care brand Plackers, has acquired the Rembrandt teeth whitening brand from Johnson & Johnson Consumer Inc. Financial terms of the agreement weren’t disclosed. Ranir said Monday that the deal includes all intellectual property and rights to the Rembrandt brand.