Teva Gets What It Wants – Allergan Generics, Not Mylan

Teva’s $40.5 billion acquisition of Allergan Generics will solidify Teva as the world’s leading generics company with $26 billion in combined revenues and 320 ANDAs pending at FDA.

Teva Pharmaceutical Industries Ltd.’s acquisition of Allergan PLC’s generic drug business for $40.5 billion will secure its position as the top Rx generic drug company and boost its OTC private label play.

The combined company will have $26 billion in pro forma revenues, with a pipeline of 320 ANDAs pending at FDA,...

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