Ethicon wraps up $3.4bn acquisition of robotic medical company Auris Health
Ethicon acquisition of Auris Health : Johnson & Johnson’s subsidiary Ethicon has wrapped up its previously announced $3.4 billion acquisition of California-based robotic medical company Auris Health. Ethicon acquisition of Auris Health Based on the achievement of certain predetermined milestones, the deal will see additional contingent payments More...
US CDMO Brammer Bio to be acquired by Thermo Fisher
Thermo Fisher acquisition of Brammer Bio : Thermo Fisher Scientific, a global life sciences company, has agreed to buy US-based viral vector contract development and manufacturing organization (CDMO) Brammer Bio More...
Italian CDMO Olon wraps up acquisition of Mahad API plant in India
Mahad API plant acquisition : Olon, an Italy-based active pharmaceutical ingredients (API) developer and manufacturer, has completed the acquisition of an API manufacturing facility in Mahad in Maharashtra, India. The More...
Lilly teams up with ImmuNext for developing drugs for autoimmune diseases
US pharma giant Eli Lilly and Company (Lilly) and Lebanon-based ImmuNext have announced a global licensing and research collaboration for the development of drugs for the treatment of autoimmune diseases. Under More...
Thermo Fisher to acquire viral vector CDMO Brammer Bio for $1.7bn
Global life sciences company Thermo Fisher Scientific has agreed to acquire Massachusetts-based Brammer Bio from Ampersand Capital Partners for about $1.7 billion in cash. Brammer Bio is a viral vector contract More...
Arch Oncology raises $50m to advance anti-CD47 antibody therapies
Pharma industry news : Arch Oncology, a California-based clinical-stage immune-oncology company, has raised a funding of $50 million in a Series B financing round. The immune-oncology company is engaged in the discovery More...
Merck to invest €150m to expand Aubonne biotech manufacturing site
Pharma giant Merck revealed its plans to invest €150 million in its Aubonne biotech manufacturing site in Switzerland to expand manufacturing capacity for its biotech medicines. The investment, which will be between More...
RepHresh brand rolls out RepHresh Cooling Relief Vaginal Anti-Itch Spray
The RepHresh brand has launched RepHresh Cooling Relief Vaginal Anti-Itch Spray in the US for women to get relief external vaginal itching and for neutralizing odor from the area. The RepHresh Cooling Relief Vaginal More...
Novartis’ Mayzent approved by FDA for treatment of relapsing forms of MS
Mayzent FDA approval : The US Food and Drug Administration (FDA) has approved Swiss pharma company Novartis’ Mayzent (siponimod) for the treatment of relapsing forms of multiple sclerosis (MS) in adults. Mayzent More...
Biogen to acquire UK gene therapy company Nightstar Therapeutics for $800m
Biogen acquisition of Nightstar Therapeutics : US biotech company Biogen has signed a deal of $800 million to acquire Nightstar Therapeutics, a British clinical-stage gene therapy company, as per the latest pharma More...