Bristol to divest Celgene's psoriasis treatment in FTC clearance push

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Bristol to divest Celgene's psoriasis treatment in FTC clearance push
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Bristol-Myers Squibb Co said on Monday it would divest Celgene Corp's psori...

FILE PHOTO: Logo of global biopharmaceutical company Bristol-Myers Squibb is pictured on the blouse of an employee in Le Passage, near Agen, France March 29, 2018. REUTERS/Regis Duvignau/File Photo

Bristol announced its plans to buy Celgene in a cash-and-stock deal in early January to bring together the companies that specialize in oncology and cardiovascular drugs in the largest pharmaceutical industry merger ever.

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