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Allergan Said to Revive Talks to Buy Salix Pharmaceuticals

2014-09-23 14:20:33| Biotech - Topix.net

Allergan Inc. is in talks to acquire Salix Pharmaceuticals Ltd., reviving discussions that began in July in an effort to fend off a hostile takeover offer from Valeant Pharmaceuticals International Inc., people with knowledge of the matter said. The Botox-maker's talks with Salix went dormant for a few weeks because Salix wanted a higher price than Allergan wanted to pay, said the people, who asked not to be identified discussing private information.

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Category:Biotechnology and Pharmaceuticals

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