Tag archive for ‘Pharma business news’
By businessnewstoday On Saturday, April 21st, 2018

Takeda offers $62bn to acquire Irish rare disease company Shire

(adsbygoogle = window.adsbygoogle || []).push({}); Japanese pharma company Takeda Pharmaceutical has proposed to acquire Shire, an Ireland-based rare disease company for $62 billion after Botox-maker More...

By businessnewstoday On Thursday, April 19th, 2018

Procter & Gamble to acquire Merck’s consumer health business for €3.4bn

P&G acquisition of Merck consumer health business : US consumer goods company Procter & Gamble (P&G) has agreed to acquire German pharma company Merck’s consumer health business in an all-cash deal More...

By businessnewstoday On Monday, April 16th, 2018

French pharma company Servier to acquire Shire oncology business for $2.4bn

Pharma acquisition news : French pharma company Servier Laboratories has made a $2.4 billion all-cash deal to acquire the oncology business of Irish biotech company Shire. Servier acquisition of Shire oncology business More...

By businessnewstoday On Sunday, April 15th, 2018

Sanofi announces $396m vaccine manufacturing facility in Toronto

French pharma company Sanofi has announced a new vaccine manufacturing facility in Toronto to be built with an investment of CAD500 million ($396.3 million) at the Canadian headquarters of its vaccine business unit More...

By businessnewstoday On Saturday, April 14th, 2018

Alexion to acquire Swedish pharma company Wilson Therapeutics for $855m

Pharma acquisition news : US-based Alexion Pharmaceuticals through an all-cash deal of SEK7.1 billion ($855 million) will acquire Wilson Therapeutics, a Swedish pharma company focused on developing drugs for rare More...

By businessnewstoday On Saturday, April 14th, 2018

GSK offloads rare disease gene therapy drugs to Orchard Therapeutics

Pharma acquisition news : British drug company GlaxoSmithKline (GSK) has agreed to transfer its rare disease gene therapy drugs to Orchard Therapeutics for an equity stake of 19.9% and a seat on the board of the More...

By businessnewstoday On Monday, April 9th, 2018

Novartis to buy US gene therapy company AveXis for $8.7bn

Novartis acquisition of AveXis : Swiss pharma company Novartis has struck a $8.7 billion deal to acquire US gene therapy company AveXis in a move to bolster its gene therapy and neuroscience pipeline. Novartis Acquisition More...

By businessnewstoday On Wednesday, March 28th, 2018

GSK to buy out Novartis’ stake in consumer healthcare JV for $13bn

Pharma acquisition news : GlaxoSmithKline (GSK) has agreed to buy out Swiss pharma company Novartis’ stake of 36.5% in their consumer healthcare joint venture (JV) for a price of $13 billion, just days after pulling More...

By businessnewstoday On Saturday, March 24th, 2018

GSK, Reckitt Benckiser pull out from $20bn race to acquire Pfizer’s consumer healthcare business

Pharma acquisition news : In a blow to Pfizer’s plans to offload its consumer healthcare business for about $20 billion, both Reckitt Benckiser and now GlaxoSmithKline (GSK) have pulled out from potential acquisition More...

By businessnewstoday On Friday, March 16th, 2018

Danish pharma company Lundbeck to buy Parkinson’s drug developer Prexton

Pharma acquisition news : Danish pharma company Lundbeck has reached an agreement, expected to be worth around $1.1 billion, to acquire Prexton Therapeutics, a Swiss pharma company focused on Parkinson’s drug More...