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Pfizer to absorb Mylan, creating generic giant

Pfizer, the country's largest drugmaker, will absorb the generic pharmaceutical company Mylan, potentially creating a global generic powerhouse. The two companies said Monday that they'll combine Mylan, a $10 billion company, with Pfizer's  Upjohn, which sells household names from Viagra to cholesterol fighter Lipitor that have lost patent protection. The deal, expected to close in the middle ...