October round-up of pharma/biotech M&A activity
With the US elections looming, October was a quiet month for mergers and acquisitions in pharma and biotech.
The biggest buys included ICU Medical's $1 billion purchase of Hospira Infusion Systems from US pharma giant Pfizer (NYSE: PFE), aimed at creating a pure-play infusion therapy company with estimated pro forma combined revenues of around $1.45 billion.
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