Buffett’s Berkshire pares drug holdings, sheds Axalta, Biogen

(Reuters) In the second quarter, Berkshire said it exited a $180 million stake in Biogen Inc and reduced investments in Abbvie Inc, Bristol-Myers Squibb Co and Merck. It also shed a $411 million stake in paint maker Axalta Coating Systems Ltd, a Berkshire holding since 2015.

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