Shire buying Conejo Valley’s Baxalta
IN THIS ARTICLE
- Health Care & Life Science Topic
- Philip Joens Author
By Philip Joens Friday, January 15th, 2016
Baxalta, which is being acquired by Shire PLC, currently employs about 1,200 people in Thousand Oaks and Westlake Village. Shire PLC was desperate to find a partner as the biotech and pharmaceutical industries consolidate. It found one in Baxalta but it cost Shire $2 billion more than its initial bid. Now, after the merger is…