Allergan makes device acquisition amid Pfizer M&A rumors; Feds release study of FDA's postmarket surveillance;

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> Allergan ($AGN) announced the acquisition of Northwood Medical Innovation, maker of the earFold device to correct prominent ears, with or without asymmetry, in patients 7 and over. The company is currently being pursued by Pfizer ($PFE). A deal to acquire the company would be largest M&A transaction of the year. More

> The Government Accountability Office released a study on the FDA's postmarket studies of devices. It comes as the FDA is putting increasing emphasis on postmarket surveillance to ensure safety and possibly enable short premarket review times. More

Biotech News

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