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Perrigo completes $8.6 billion acquisition of Elan Corp.
DUBLIN — Perrigo has finalized its acquisition of Elan Corp., Perrigo said Wednesday.
The Michigan-based maker of branded and generic prescription and OTC drugs announced last week that the Irish High Court had approved its $8.6 billion deal to buy Ireland-based Elan, the last regulatory hurdle it had to clear before finalizing the deal, which it announced in July.
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Merck KGaA, National MS Society distribute $1.3 million for early-stage drug research
NEW YORK — Three organizations will receive part of $1.3 million in funding that German drug maker Merck KGaA and the National Multiple Sclerosis Society are distributing for MS research.
EMD Serono, the name the Merck KGaA uses in the United States to avoid confusion with U.S.-based Merck & Co., and the National MS Society said the money will help encourage early-stage drug discovery for the autoimmune disease.