AbbVie Inc. CEO Richard Gonzalez said repeatedly when describing the company's rationale for buying Allergan PLC for $63bn that very little value was ascribed to Allergan's research and development pipeline. However, the pharmaceutical firms combined have 62 drugs in clinical development – with 38 in Phase II and III or awaiting regulatory approvals, including new indications for marketed products – requiring substantial ongoing investment.
[Sidebar#SC125448]








