Botox maker Allergan to acquire Australian bitoech firm Elastagen for $95m

Botox maker Allergan to acquire Australian bitoech firm Elastagen for $95m

Traders work at the post where Allergan stock is traded on the floor of the New York Stock Exchange (NYSE) April 6, 2016. REUTERS/Brendan McDermid

Allergan, a global pharmaceutical company and also the maker of Botox, is acquiring Australia’s biotech firm Elastagen Pty Ltd for an upfront payment of $95 million, Elastagen announced on Wednesday.

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