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Shire Mulls Separation of Neurosciences

05:49 EDT 11 Aug 2017 | CHEManager

Ireland-domiciled drugmaker Shire is considering splitting off its neuroscience division into a separate, publicly listed company. The move, revealed during its second-quarter results presentation, is one of several strategic options Shire is currently assessing for its neuroscience franchise, which achieved sales of $2.49 billion in 2016, the vast majority from medicines to treat attention deficit hyperactivity disorder (ADHD).

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