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Abbvie Sculpts Position In Aesthetics Space With Allergan Acquisition

 
• By Catherine Longworth

Abbvie is taking on Allergan's aesthetics portfolio as part of its $63bn takeover deal. The acquisition includes Allergan's CoolSculpt body contouring system and a new FDA-approved device for muscle strengthening.

Merging Business Network-Business leaders in global agreement
• Source: shutterstock.com

AbbVie Inc. is set to enter the medical aesthetics space through its multi-billion dollar takeover of Allergan PLC.

In a shock announcement on 25 June, AbbVie said it will acquire Allergan for approximately $63bn in a cash and stock transaction. (Also see "AbbVie Pounces On Chance To...

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