je.st
news
Shire deal falls through after US firm pulls the plug
2014-10-23 14:46:30| Biotech - Topix.net
AMERICAN drug firm AbbVie has pulled out of a A 32billion deal to buy Basingstoke-based pharmaceutical firm Shire plc after the US Treasury announced new tax rules. The Chicago-based company's decision follows US tax changes.
Tags: deal
firm
falls
plug
Category:Biotechnology and Pharmaceuticals