Pfizer and Allergan Agree to Create the World's Largest Drugmaker In A $160B Deal That Highlights Tax Inversion Techniques

Pfizer and Allergan Agree to Create the World's Largest Drugmaker In A $160B Deal That Highlights Tax Inversion Techniques

The merger frenzy in healthcare continues. In a deal that highlights tax inversion techniques, Pfizer and Allergen have announced a $160 billion merger. This deal creates the worlds largest drugmaker with high-profile products such as Botox, Lipitor and Viagra.

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Jury's Still Out on Whether Local Mergers Will Increase Healthcare Costs

Jury's Still Out on Whether Local Mergers Will Increase Healthcare Costs

A new report paid for by America’s Health Insurance Plans (AHIP) suggests a merger between Mountain States Health Alliance (MSHA) and Wellmont Health System would “likely lead to significantly higher post-merger prices.” AHIP aims to “advocate for public policies that expand access to affordable health care coverage to all Americans through a competitive marketplace that fosters choice, quality and innovation.” Competition Economics, LLC completed the report last month and concluded a merger would give the new organization a 77% market share, which would likely cause prices to shoot up. 

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Healthcare Mergers: Because Bigger is Better

Healthcare Mergers: Because Bigger is Better

Due to low interest rates and cheap capital, merger activity has been exploding in nearly every industry. Healthcare is especially devoted to merger activity with the mantra that bigger is always better. U.S. Mergers and acquisitions announced in the first 9 months of 2015 are worth about $270 billion.

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Perrigo and Mylan CEO's Battle Over Potential Hostile Takeover

Perrigo and Mylan CEO's Battle Over Potential Hostile Takeover

Perrigo, a global supplier of generic and over-the-counter drugs has been staving off a hostile takeover from Mylan for the last few months. Merger and acquisition activity in the healthcare sector is on a record pace even though Perrigo's Chief Executive Officer Joseph Papa has stated his disapproval of this deal.

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Potential Pfizer and Allergan Deal Would Create World's Largest Drug Maker

Potential Pfizer and Allergan Deal Would Create World's Largest Drug Maker

According to a Reuters report Pfizer and Allergan are in friendly but early talks to become the world's largest drugmaker.  Allergan shares jumped 6.4 percent to $305.46 in U.S. trading, while Pfizer was off 2.7 percent at $34.51.

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