Mylan Assures R&D Will Remain In Israel

June 29, 2015 | As Mylan nears its takeover of Perrigo, Israeli investment institution were ensured by the company that it would maintain Perrigo’s research and development activity in Israel. Perrigo employs some 1,000 Israelis, and not just in its R&D center. In addition, Mylan’s CFO John Sheehan ensured Tel Aviv Stock Exchange CEO Yossi Beinart that Mylan would remain committed to being listed on the TASE following the acquisition. Mylan is expected to acquire Perrigo at a $32.9 billion value, according to estimates.