Deals: Page 27


  • An image for JPM2020 snippets articles
    Image attribution tooltip
    Danielle Ternes/BioPharma Dive
    Image attribution tooltip

    Orchard isn't for the picking, Biohaven's Allergan headache, and who's on Vascepa?

    Amarin CEO John Thero had one question for investors eager to hear about his company's plans for its heart pill, while Orchard made a case for independence.

    By Jan. 16, 2020
  • The entrance to Galapagos' corporate offices are lit up at dusk.
    Image attribution tooltip
    Courtesy of Galapagos
    Image attribution tooltip

    Galapagos finds a new normal at biotech's biggest dealmaking event

    Though the Belgian drug company is tied to a 10-year, $5 billion research pact with Gilead, its CEO says there's still some "wheeling and dealing" left to do.

    By Jan. 15, 2020
  • Image attribution tooltip
    Rita Elena Serda
    Image attribution tooltip

    Astellas swoops in for Adaptimmune deal a day after positive data

    For $50 million, the Japanese pharma signed up for three programs in a deal that could net Adaptimmune hundreds of millions more if all goes to plan. 

    By Jan. 14, 2020
  • Image attribution tooltip
    Getty Images
    Image attribution tooltip

    Biogen finds $75M home for Pfizer Alzheimer's drug

    Having stepped back from neuroscience research, Pfizer will sell off an early-stage therapy to Biogen, which has made the space its central focus.

    By Jan. 13, 2020
  • Two test tubes pour different-colored liquids into a beaker in an illustration representative of biopharma mergers.
    Image attribution tooltip
    Elizabeth Regan/BioPharma Dive
    Image attribution tooltip

    After a record-breaking year, pharma M&A forecast to stay strong in 2020

    A quiet start to the J.P. Morgan Healthcare Conference, often viewed as a gauge of dealmaking interest, could spark some doubts, however. 

    By Andrew Dunn • Jan. 13, 2020
  • A building with logo of drugmaker Eli Lilly.
    Image attribution tooltip
    Courtesy of Eli Lilly
    Image attribution tooltip

    Lilly to buy Dermira, challenging Sanofi and Regeneron's Dupixent

    With the industry's first significant acquisition of 2020, Lilly is positioning itself to compete in the growing atopic dermatitis market.

    By Andrew Dunn • Jan. 10, 2020
  • Image attribution tooltip
    AbbVie
    Image attribution tooltip

    AbbVie to house Allergan Botox business in separate unit

    Allergan's eyecare and specialty drugs, however, will be folded into the existing AbbVie organization once its $63 billion acquisition is complete.

    By Jan. 8, 2020
  • An illustration of the KRAS protein
    Image attribution tooltip
    Retrieved from National Cancer Institute on September 27, 2019
    Image attribution tooltip

    Merck adds to lung cancer wall with Otsuka deal

    The $50 million deal with two Japanese biotechs is a small bet to match challengers in Amgen and Mirati, who are advancing agents targeting KRAS mutations.

    By Jan. 6, 2020
  • Illumina scraps $1.2B PacBio takeover amid regulatory pushback

    The FTC's action to block the deal comes amid heightened scrutiny of life sciences deals, most notably Roche's now completed buyout of Spark.

    By Nick Paul Taylor • Jan. 3, 2020
  • A Roche sign hangs on the side of a wall.
    Image attribution tooltip
    Permission granted by Roche
    Image attribution tooltip

    Roche hands $1B to Sarepta in major return to gene therapy deals

    The Swiss pharma acquired a muscular dystrophy treatment for markets outside the U.S. in a pact that could reach a value of $10 billion.

    By Dec. 23, 2019
  • Image attribution tooltip
    Getty Images
    Image attribution tooltip

    Biogen, Novartis go different ways on Ionis therapies

    An Ionis Alzheimer's drug is getting licensed by Biogen at the same time that Novartis decided not to opt-in on an Akcea therapy for high triglyceride levels.

    By Dec. 19, 2019
  • A sign for Jazz Pharmaceuticals is displayed at the ASCO annual meeting in Chicago on June 2, 2018.
    Image attribution tooltip
    Jacob Bell/BioPharma Dive
    Image attribution tooltip

    Jazz lines up $1B for lung cancer drug, making oncology focus clear

    While the Irish biopharma is best known for its sleep drugs, this deal adds to a pipeline that shows Jazz's ambitions are in cancer.

    By Andrew Dunn • Dec. 19, 2019
  • Global Blood taps Syros for its next act in blood disorders

    Fresh off a sickle cell approval, Global Blood is looking to Syros' technology to keep up with the rapid innovation happening there and in beta thalassemia.

    By Dec. 18, 2019
  • Image attribution tooltip
    Roche
    Image attribution tooltip

    Roche's $4.8B deal for Spark cleared by FTC after long delay

    An unconditional OK for the deal, which was unexpectedly the target of regulatory scrutiny, should ease sector-wide concerns about acquisitions of gene therapy biotechs.

    By Ned Pagliarulo • Updated Dec. 17, 2019
  • A person stands at a desk in the foyer of an office building.
    Image attribution tooltip
    Courtesy of Sanofi
    Image attribution tooltip

    Sanofi buys Synthorx for $2.5B in prelude to Hudson's strategy rollout

    At a hefty 172% premium for a company with little clinical data, the ambitious buyout comes a day before new CEO Paul Hudson will unveil his plans for the French pharma.

    By Andrew Dunn • Dec. 9, 2019
  • Image attribution tooltip
    Dollar Photo Club
    Image attribution tooltip

    Merck's ArQule buy showcases pharma appetite for targeted cancer drugs

    The biotech's experimental drug targeting the BTK protein is of particular interest to Merck & Co., which is acquiring ArQule at more than a 100% premium.

    By Dec. 9, 2019
  • Image attribution tooltip
    Brian Tucker/BioPharma Dive
    Image attribution tooltip
    Dive Awards

    Disruptor of the Year: The Federal Trade Commission

    A more active FTC, suggested by the surprise delay for Roche's takeover of Spark, could slow dealmaking in an industry that relies on big pharma buyouts.

    By Dec. 9, 2019
  • Image attribution tooltip
    Courtesy of Bristol-Myers Squibb
    Image attribution tooltip
    Dive Awards

    Deal of the Year: Bristol-Myers Squibb buys Celgene

    Whether or not the $74 billion acquisition succeeds for Bristol-Myers, its impact on biotech will be wide-reaching by erasing Celgene, one of the industry's most active dealmakers.

    By Andrew Dunn • Dec. 9, 2019
  • Image attribution tooltip
    Getty Images
    Image attribution tooltip
    Dive Awards

    Executive of the Year: Josh Bilenker, Loxo Oncology

    Along with other recently acquired cancer companies like Ignyta and Array, Loxo proved out a drug development model that Bilenker likens to baseball's "moneyball" thesis. 

    By Ned Pagliarulo • Dec. 9, 2019
  • Image attribution tooltip
    Cassi Josh, edited by BioPharma Dive
    Image attribution tooltip

    We're not for sale, Alexion executives declare

    After meeting with hedge fund Elliott Advisors, the biotech said its product switching strategy and drug pipeline will drive more value than seeking buyers.

    By Dec. 6, 2019
  • Astellas joins gene therapy race with $3B Audentes buy

    Manufacturing was a key draw for Astellas, which gains access to a plant owned by Audentes that can support clinical and commercial production. 

    By Ned Pagliarulo • Dec. 3, 2019
  • Image attribution tooltip
    Getty Images
    Image attribution tooltip

    Neurocrine, Xenon ink R&D deal targeting rare form of epilepsy

    Working to expand its pipeline beyond the tardive dyskinesia drug Ingrezza, Neurocrine will gain access to one clinical and several preclinical treatments.

    By Andrew Dunn • Dec. 2, 2019
  • Image attribution tooltip
    Getty Images
    Image attribution tooltip

    Medicines Co. deal caps pharma's reentry into field it once abandoned

    Large pharma companies like Novartis, Roche and J&J are buying back into RNAi, a technology that several retreated from in the early 2010s.

    By Ned Pagliarulo • Nov. 26, 2019
  • What Novartis needs to do to make Medicines Co. deal a success

    Research, sales and payer teams must execute for inclisiran to succeed in a market where would-be rivals Repatha and Praluent have faltered.

    By Nov. 25, 2019
  • A Novartis logo is seen on the side of an office building.
    Image attribution tooltip
    Permission granted by Novartis
    Image attribution tooltip

    Novartis buys Medicines Co. in $9.7B bet on cholesterol drug

    Acquiring The Medicines Company gives Novartis access to inclisiran, a lipid-lowering drug likely to win approval but facing uncertain commercial prospects.

    By Ned Pagliarulo • Nov. 24, 2019