Health Care

For generations, breeders have been making wheat more damaging, but they believe they're making it better.

Big Pharma giant buys foreign company to cut taxes.

"Its biggest research labs and about 1,500 employees, including the company’s chief executive, are in Lexington, where it also makes enzyme replacement drugs to treat Gaucher and Fabry diseases, both rare genetic disorders. But its headquarters is in Dublin, where the corporate tax rate is 12.5 percent, compared with 35 percent in the United States.
AbbVie plans to structure the Shire takeover as an “inversion,” allowing the company to switch its own corporate base to the United Kingdom and cut its US tax obligations. The move is expected to drop AbbVie’s effective tax rate to about 13 percent by 2016, the company said."

Buried in the story. Thanks, government.