FTC May Require Products Worth $600 Million to be Divested for Teva-Allergan Deal to Go Through

MUMBAI: As Israeli drugmaker Teva readies to acquire Allergan as part of its recent $40.5-billion deal, a large bounty of products is expected to be up for grabs for generic drugmakers.

According to collated data, products worth nearly $600 million may be needed to be divested as part of the anti-trust regulations of the US Federal Trade Commission. “In the next few weeks, the process may be initiated,” an investment banker told ET.

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