Biotech voices: Allergan CEO Saunders isn’t slowing down on a brisk pace of biotech dealmaking
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Last year, Allergan did 12 “stepping-stone” deals, snapping up a whole slate of new development programs, expanding its pipeline and setting the pace as one of the busiest dealmakers in biotech.
2017 shouldn’t be much different.
During Wednesday’s Q&A with analysts, CEO Brent Saunders said that Allergan spent $5 billion on transactions last year – $3 billion of that going for LifeCell – with a heavy emphasis on accretive pacts.
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