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drugmaker

Valeant Pharmaceuticals International Inc.

Valeant to drop deal-making in near term to cut debt, boost stock

Valeant Pharmaceuticals International Inc (VRX.TO) is abandoning its growth-by-acquisitions strategy for the time being to try to reduce debt, boost its stock price and one day return to its traditional deal-making in a stronger position, people familiar with the matter told Reuters.

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New York Stock Exchange

When companies flee U.S. tax system, investors often don't reap big returns

Establishing a tax domicile abroad to avoid U.S. taxes is a hot strategy in corporate America, but many companies that have done such "inversion" deals have failed to produce above-average returns for investors, a Reuters analysis has found.

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Drug maker

Vivus tells investors it is open to settlement

Vivus wanted to reach a settlement with the biggest investors for board control.

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Adcock

Chilean drugmaker CFR bids for Adcock for US$1.3 billion

Adcock Ingram Holdings Ltd. received a non-binding proposal from Chilean drug manufacturer CFR Pharmaceuticals SA for US$1.3 billion.

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Cipla

India Cipla to Take Over South Africa Cipla

Cipla Ltd offers to take over Cipla Medpro South Africa.

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