The EU Commission clears a merger subject to remedies in the pharmaceutical sector (AbbVie / Allergan)

Commission, European

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10 Jan 2020

The EU Commission clears a merger subject to remedies in the pharmaceutical sector (AbbVie / Allergan)

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Reference

EU Commission, AbbVie / Allergan, Case M.9461, Press Release, 10 January 2020

Mergers: Commission approves AbbVie's acquisition of Allergan, subject to conditions* The European Commission has approved, under the EU Merger Regulation, the proposed acquisition of Allergan by AbbVie. The approval is conditional on the divestment of a product under development by Allergan to treat inflammatory bowel diseases. Executive Vice-President Margrethe Vestager, in charge of competition policy, said: "Inflammatory bowel diseases are lifelong conditions with devastating effects on the life of millions of people. Our decision makes sure that the merger between AbbVie and Allergan will not disrupt the development of a promising innovative treatment for these

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Auteur

European Commission
European Commission - DG COMP (Brussels)

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Citation

European Commission, The EU Commission clears a merger subject to remedies in the pharmaceutical sector (AbbVie / Allergan), 10 janvier 2020, e-Competitions January 2020, Art. N° 92971

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