Pearson’s gone. Valeant says it’s no longer a roll-up company. Their joint contribution to capitalism is profound, writes Terry Prone

Allergan is not in active talks to acquire Salix Pharmaceuticals, people with knowledge of the matter said, though the drugmakers have discussed a deal.

Ireland’s embassy in Washington has contacted a US senator to raise concerns over his call for over 1,100 at-risk jobs at a pharmaceutical giant in Waterford to be moved to New York.

A US senator has been criticised for encouraging the CEO of Bausch + Lomb’s parent company to move the 1,100-plus Waterford-based jobs to New York.