Allergan plans to expand its gastrointestinal research and development (R&D) pipeline and strengthen its position in non-alcoholic steatohepatitis through the acquisition of Tobira Therapeutics.

The company expects to complete the transaction by October 2016 at a cost of up to $1.6bn.

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Cannabis Care Canada Inc has announced its acquirement of Mettrum Ltd from Mettrum Health Corporation for a purchase consideration of $5.3m.

Covington & Burling is acting as the legal advisor, while Centerview Partners and Citigroup Inc are acting as financial advisors to Allergan. SKadden, Arps, Slate, Meagher & Flom and Gunderson Dettmer Stough Villeneuve Franklin & Hachigian are acting as legal advisors to Tobira Therapuetics.

Cannabis Care Canada Inc has announced its acquirement of Mettrum Ltd from Mettrum Health Corporation for a purchase consideration of $5.3m.

Pursuant to the acquisition, Mettrum will become a wholly owned subsidiary of CCC and will be renamed as Starseed Medicinal Inc.

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The acquisition will allow Cannabis Care Canada to make cannabis treatment accessible to all of its members and their families.

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