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US: Pharma merger breezes through review

 |  December 13, 2013

Pharmaceutical company Shire announced that it has been given clearance for its acquisition of ViroPharma Incorporated, a deal previously announced.

Shire announced Friday the expiration of the Hart-Scott-Rodino Act’s merger waiting period, though reports say the deal must meet certain requirements to finalize.

Should the deal go through, however, Shire is set to make the acquisition for about $4.2 billion. The strategic buyout would allow the company to broaden its rare disease treatment portfolio.

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