​AbbVie, Allergan well-positioned for unconditional clearance in Brazil

24 October 2019 9:24pm
Prescription Drugs

22 October 2019. By Ana Paula Candil.

AbbVie’s $63 million merger with Allergan is well-positioned for unconditional antitrust clearance in Brazil, MLex has learned.

Approval by the Administrative Council for Economic Defense, or CADE, is expected to be announced soon.

AbbVie and Allergan submitted merger paperwork on Aug. 22, but amended their notification form, pushing the review deadline to Nov. 14.

AbbVie and Allergan are listed on the New York Stock Exchange.