ALLERGAN INC
Allergan Inc. a Fortune 500 company, with headquarters in Irvine, California, USA is an innovative, technology driven, global health care company that develops and commercializes products for the ophthalmic, neurological, dermatological and other specialty markets. Allergan markets products in over 101 countries worldwide through its global marketing and sales capabilities and delivers value to customers, satisfies unmet medical needs and improves patient’s lives through its discovery-to-development research programs.With global revenues of roughly $4bn in 2007, Allergan has tremendous focus on R&D with an investment of $700mn which is roughly 19.5% of revenues (highest percentage among pharma industry). Allergan operates 33 commercial locations, 4 world-class Research and Development facilities and 3 state-of-the-art manufacturing plants. AGN has many new chemical entities in phase 3 clinical stages and beyond of which 6 products are in the Glaucoma therapy area itself.Allergan is known for its operational efficiency and for this reason Allergan is rated by Forbes magazine (edition dated 20th December 2007) as the best managed company in the US in biotech/health business.