Even as reports of a prospective takeover bid from Allergan circulate, Shire CEO Flemming Ornskov shows no sign of slowing down on the company’s deal spree. The biotech is buying Australia’s Fibrotech for $75 million upfront and a string of undisclosed milestones, bringing in a lead drug for fibrosis.

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Source: Shire bags an early-stage fibrosis drug in $75M Fibrotech buyout


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