Teva Pharmaceutical Industries Ltd. assured investors that its $40.5bn deal to buy Allergan PLC’s generic drug business is progressing as expected during the company’s fourth quarter sales and earnings call Feb. 11, although CEO-Global Generic Medicines Sigurdur Olafsson said the timeline of the closing could slip from the first quarter into the first part of the second.
“We have a good collaboration with the regulatory agencies, but as you can imagine, they’re doing a very thorough review, which takes a while with the combined pipeline these two...
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