Actavis mulls job cuts, China expansion: Report

Generic drugmaker Actavis Plc is planning to cut employees and expand in China, a news report said citing an interview by Chief Executive Officer Brent Saunders on Bloomberg Television.

Aurobindo Pharma to acquire Activis' ops in 7 European nations

Generic drug maker Aurobindo Pharma has signed a binding offer agreement to acquire commercial operations of Dublin-based Actavis plc in seven Western European countries.