Bariatrics

Allergan, Inc. and Covidien Ltd. Enter into Co-Promotion Agreement for LAP-BAND(R) Adjustable Gastric Banding System

Published in Fitness and Wellness Business Week, November 28th, 2007

Allergan, Inc. (NYSE: AGN) announced that it has entered into an agreement with a subsidiary of Covidien Ltd. (NYSE: COV, BSX: COV), a leading global provider of healthcare products, under which Covidien will co-promote Allergan's LAP-BAND(R) Adjustable Gastric Banding System to bariatric and other surgeons in the United States.

Under the multi-year agreement, which became effective on November 9, 2007, Covidien will leverage its expertise in bariatrics and utilize its Surgical Devices sales force to promote the LAP-BAND(R) System. Allergan will continue to deploy its own bariatric sales force. Allergan will continue to recognize revenues from the sale of the...

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Source: Fitness and Wellness Business Week (2007-11-28)

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