Tag Archives: Allergan.

Novartis, Merck and Allergan join those raising U.S. drug prices for 2020

NEW YORK (Reuters) – Novartis AG, Merck & Co Inc and Allergan Plc were among companies that raised U.S. prices on more than 100 prescription medicines on Friday, bringing the tally to 445 drugs that will cost more in 2020, according to data analyzed by healthcare research firm 3 Axis Advisors. FILE PHOTO: Pharmaceutical tablets… Read More »

Sorry, Allergan. Another activist backs an immediate split to CEO, chairman jobs

If Allergan thought it could satisfy angry investors by splitting the CEO and chairman jobs after Brent Saunders leaves the company, it’ll have to think again. Another prominent activist—John Chevedden—is joining forces with rebels at Appaloosa to push for an immediate split.   Appaloosa said Thursday that Chevedden is withdrawing his shareholder resolution for a job split and backing its own. Chevedden said… Read More »