Allergan news

Here are some recent news articles and updates about Allergan, a pharmaceutical company that specializes in developing and commercializing innovative treatments for various medical conditions:

Recent News

  1. Allergan to be acquired by AbbVie for $63 billion: In June 2020, AbbVie announced that it would acquire Allergan in a deal worth $63 billion. The acquisition is expected to close in the second half of 2020. (Source: CNBC)
  2. Allergan's Botox gets FDA approval for chronic migraines: In October 2019, the FDA approved Allergan's Botox for the treatment of chronic migraines. The approval marked the first time a botulinum toxin had been approved for this indication. (Source: FDA)
  3. Allergan's CoolSculpting gets FDA clearance for fat reduction: In August 2019, the FDA cleared Allergan's CoolSculpting for the reduction of fat in the abdomen, love handles, and thighs. The device uses cryolipolysis to freeze and kill fat cells. (Source: FDA)
  4. Allergan's Latisse gets FDA approval for eyelash growth: In June 2019, the FDA approved Allergan's Latisse for the treatment of hypotrichosis, a condition characterized by inadequate or sparse eyelashes. (Source: FDA)

Recent Developments

  1. Allergan's pipeline: Allergan has a diverse pipeline of products in various stages of development, including treatments for conditions such as glaucoma, dry eye, and psoriasis. (Source: Allergan)
  2. Allergan's partnerships: Allergan has partnered with several companies to develop new treatments, including a partnership with Pfizer to develop a treatment for dry eye. (Source: Pfizer)
  3. Allergan's manufacturing: Allergan has manufacturing facilities around the world, including in the United States, Ireland, and China. (Source: Allergan)

Recent Financials

  1. Allergan's revenue: Allergan's revenue for the first quarter of 2020 was $3.7 billion, a 2.5% increase from the same period in 2019. (Source: Allergan)
  2. Allergan's net income: Allergan's net income for the first quarter of 2020 was $1.1 billion, a 10.3% increase from the same period in 2019. (Source: Allergan)

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