Pharmacy
Actavis said the newly combined company, which will take on the Allergan name, is expected to net $23 billion in sales in 2015.
Shares of Farmingdale, New York-based Enzo Biochem fell as low as 17 percent on Tuesday after a federal appeals court threw out a patent infringement ruling it won against Applera.
Allergen said it will use the money to fund its upcoming clinical trial of a treatment that uses peanut protein to treat people with peanut allergies.
Walgreens said it is cutting ties with two accountable care organizations, though the nation's largest pharmacy chain has also launched a new partnership on the West Coast to help manage ACO patients.
The third largest U.S. retail company is partnering with a well-known integrated delivery system to evolve the primary care walk-in clinic, in a confident bet on retail health.