Allergan execs have made no secret of the fact that they’ve been planning to come up with a lean-and-mean game plan designed to prove to investors that they’d be much better off if they spurned Valeant’s offer to buy the company and gut its R&D division. Citing sources close to the company, Bloomberg is reporting that the cutbacks should include work on its most “unpromising” programs in the pipeline.

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Source: ‘Unpromising’ Allergan drug projects headed for the chopping block–report


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