Shire plc: Neurosciences separation would reduce scale and diversity, a credit negative
CORPORATES ISSUER COMMENT 3 August 2017 Contacts Michael Levesque, CFA 212-553-4093 Senior Vice President [email protected] Peter H. Abdill, CFA 212-553-4024 MD-Corporate Finance [email protected] Shire plc Neurosciences separation would reduce scale and diversity, a credit negative Moody's Investors Service commented that the announcement by Shire plc that it is evaluating stShire is a holding company. Through its subsidiaries, Co. operates as a biotechnology company focused on serving people with rare diseases and other conditions. Co.'s portfolio covers seven therapeutic areas: Immunology, Hematology, Neuroscience, Internal Medicine (IM), Genetic Diseases, Oncology, and Ophthalmics. Some of Co.'s marketed products include GAMMAGARD, HYQVIA and CINRYZE for Immunology, ADVATE/ADYNOVATE, VONVENDI and FEIBA for Hematology, VYVANSE and ADDERALL XR for Neuroscience, LIALDA/MEZAVANT and PENTASA for IM, ELAPRASE and REPLAGAL for Genetic Diseases, ONCASPAR and ONYVIDE for Oncology and XIIDRA for Ophthalmics.
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