Shire's Ornskov Maps Out Future Prospects Post- Baxalta Merger

Shire's Danish chief executive says completing the Baxalta merger will greatly boost the group's exposure to longer acting orphan drugs, bring critical mass and de-risk its current asset mix with new portfolio products; a view widely shared by investors and analysts.

Flemming Ornskov

Shire PLC CEO Flemming Ornskov could perhaps be forgiven for sounding like the cat that finally got the mouse when commenting on the June 3 completion of the company's combination with Baxalta Inc., creating "the global leader in rare diseases with the number one rare diseases platform based on both revenue and pipeline programs."

Gaining Baxalta also gives Shire strength in hematology and immunology and boosts its leading position in angioedema, enzyme replacement therapy,...

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