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Reorganization Costs
3 Months Ended
Mar. 31, 2013
Restructuring and Related Activities [Abstract]  
Reorganization Costs Disclosure

Turnhout, Belgium Site Closure

 

On January 23, 2013 Shire announced that it had decided to proceed with a collective dismissal and business closure at its site in Turnhout, Belgium. This decision follows the conclusion of an information and consultation process. Shire will continue to sell RESOLOR in Europe and the supply of RESOLOR for patients in Europe who rely on the medicine will not be affected. In the three months to March 31, 2013, the Company incurred reorganization costs totaling $17.5 million relating to employee involuntary termination benefits and other re-organization costs. The closure of the Turnhout site is expected to be completed by the end of 2013.

 

At March 31, 2013 a liability of $16.3 million for reorganization costs was recorded within accounts payable and accrued expenses.