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Shire Is Agnostic On Baxalta's Biosimilars Pipeline As Integration Begins

In an interview, CEO Ornskov notes that prioritization of combined company's assets is only just beginning with closing of the $32bn merger.

Now that the Shire/Baxalta merger has closed, analysts generally seem more bullish on the deal than they were initially when it was announced in January, but Shire PLC CEO Flemming Ornskov acknowledged that major strategic decision-making for the combined company's future is only just beginning.

Case in point, Ornskov claimed to be agnostic about the future of Baxalta Inc.'s pair of Phase III biosimilar programs – a version of AbbVie Inc.'s Humira (adalimumab) being developed in partnership with Momenta Pharmaceuticals Inc. (M923) [See Deal] and one of Amgen Inc

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