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Allergan plc is an American, Irish-domiciled pharmaceutical company that acquires, develops, manufactures and markets brand name drugs and medical devices in the areas of medical aesthetics, eye care, central nervous system, and gastroenterology. [1] [2] [3] The company is the maker of Botox.
In July 2002, the Allergan ophthalmic surgical and contact lens care businesses were spun-off to create a new company, Advanced Medical Optics. In 2003, Allergan's flagship product, Botox, was the focus of a high-profile lawsuit and media scrutiny. [6] In March 2006, Allergan acquired Inamed Corporation for $3 billion. [7]
Botulinum toxin, or botulinum neurotoxin (commonly called botox), is a highly potent neurotoxic protein produced by the bacterium Clostridium botulinum and related species. [23] It prevents the release of the neurotransmitter acetylcholine from axon endings at the neuromuscular junction , thus causing flaccid paralysis . [ 24 ]
July 11, 2024 at 5:21 PM. FDA. Cheap, counterfeit Botox given by people not trained to do facial injections, in places without a doctor on standby, became a dangerous combination that landed more ...
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Pharmaceutical company Allergan (AGN) has settled the Department of Justice's criminal and civil charges that it promoted Botox for uses the Food and Drug Administration hadn't approved as safe ...
Allergan Inc. (AGN), the maker of the wrinkle-smoother Botox, reported profit fell 58 percent as the recession slowed sales of the frown line drug, as well as sales of eye and beauty products.
In November 2014, Actavis PLC announced its intention to acquire Allergan Inc, the manufacturer of Botox. [35] Completion of the deal would increase its market capitalization to $147 billion. [ 36 ] [ 37 ] On March 17, 2015, Actavis PLC completed the acquisition of Allergan Inc in a cash and equity transaction valued at approximately $70.5 billion.