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Shire May Spin Out Neuroscience Unit To Tighten Rare Disease Focus

 
• By Joseph Haas

The merger with Baxalta left Shire a portfolio consisting of 80% rare disease therapies, suggesting logically that the company might want to exit the primary care ADHD space.

Human brain illustrated with millions of small nerves - Conceptual 3d render

Shire PLC seems ready to make the move toward a pure focus on rare diseases. During its second quarter earnings call, the specialty pharma announced it had begun a strategic review of its neuroscience franchise – with all options on the table, including being spun out into a new publicly traded entity.

In an interview, CEO Flemming Ornskov said he would not speculate right now on what the outcome of the strategic...

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