Deals: Page 32
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J&J picks up cancer antibody from Argenx in $500M deal
Argenx shares shot up by almost 14% as Janssen gets its hands on worldwide rights to cusatuzumab for hard-to-treat blood and bone cancer.
By Suzanne Elvidge • Dec. 4, 2018 -
Dive Awards
Deal of the Year: Takeda buys Shire
The $62 billion takeout is the largest acquisition of a foreign company in Japan's history and would transform Takeda into the ninth largest pharma globally.
By Jacob Bell • Dec. 3, 2018 -
GSK buys Tesaro in $5.1B takeover deal
The British pharmaceutical giant sees PARP inhibitors as an undervalued therapeutic area and will lead efforts to expand Zejula's commercialization.
By Andrew Dunn • Dec. 3, 2018 -
M&A trends in 2019: Will the biotech bubble burst?
New technologies have driven higher valuations in pharma and biotech, yet some big bankers are uncertain how long that trend will hold.
By Jacob Bell • Nov. 30, 2018 -
Sun Pharma acquires two manufacturing plants in deal for Japanese company
Acquiring Pola Pharma won't cost the Indian generics maker much, and boosts its dermatology presence in Japan.
By Suzanne Elvidge • Nov. 29, 2018 -
Roche joins NASH dash with Jecure buy
Still, Jecure's portfolio of preclinical assets leaves Roche far behind leaders in the space like Gilead and Intercept.
By Jacob Bell • Nov. 28, 2018 -
England's NHS says Humira biosimilar pacts to save more than $300M
The U.K. agency called it the biggest discount for any single drug negotiation, which closely follows the launch in Europe of four copycats of AbbVie's drug.
By Suzanne Elvidge • Nov. 27, 2018 -
Cambrex acquires Avista in $250M deal
Analysts note the deal, which gives Cambrex facilities as well as new capabilities, will make the company more competitive in the CDMO space.
By Suzanne Elvidge • Nov. 21, 2018 -
Leo, PellePharm strike rare disease deal
The agreement directs Leo Pharma into the world of rare disease therapeutics, a route increasingly taken by drugmakers.
By Suzanne Elvidge • Nov. 21, 2018 -
Boehringer, Epizyme take aim at 'undruggable' cancer targets
A new deal between the companies focuses on two epigenetic targets linked with the development of cancer.
By Suzanne Elvidge • Nov. 16, 2018 -
Catalent bringing 2nd clinical supply facility to China
The contract manufacturer expects to invest $2.5 million in the facility and officially open it in early 2019.
By Suzanne Elvidge • Nov. 15, 2018 -
United Therapeutics licenses Arena's hypertension drug for $800M
The deal may help United, a company almost entirely focused on pulmonary arterial hypertension medicines, compete with main rival Johnson & Johnson.
By Andrew Dunn • Nov. 15, 2018 -
Sobi snags rights to AstraZeneca drugs in another immunology play
"Immunology now becomes the second leg to Sobi and it helps us to articulate what specialty care is about," the company's CEO said on the deal.
By Jacob Bell • Nov. 13, 2018 -
Mylan, Theravance win FDA approval for COPD drug
The companies now face the daunting task of launching Yupelri into a market dominated by several heavyweight brands.
By Suzanne Elvidge • Nov. 12, 2018 -
Hikma, Vectura team up to target GSK respiratory drugs
Together, the companies plan to develop generic copies to at least three of GSK's lineup of Ellipta medicines.
By Kristin Jensen • Nov. 8, 2018 -
AstraZeneca sells 3 drugs for $350M upfront
In exchange for the upfront payment plus some milestones, Switzerland-based Covis Pharma gets access to Alvesco, Omnaris and Zetonna.
By Suzanne Elvidge • Nov. 7, 2018 -
Abeona inks deal with Regenxbio for gene therapy vector supply
Viral vectors are a key component of gene therapy development. Securing rights to Regenxbio's AAV9 vector could help accelerate Abeona's R&D work.
By Suzanne Elvidge • Nov. 6, 2018 -
Lilly snaps up regulatory 'fast pass' for bargain price
Past sales of priority review vouchers commanded prices far greater than the $80 million Lilly paid to Siga Technologies in this recent deal.
By Suzanne Elvidge • Nov. 2, 2018 -
Sanofi inks research deal with Denali in neurological, inflammatory diseases
The French pharma will pay $125 million upfront to get in on development of Denali's RIPK1 inhibitors, targeting several diseases including ALS and MS.
By Andrew Dunn • Nov. 1, 2018 -
M&A, debt dampen US healthcare risk profile, report finds
The number of investment grade bonds in healthcare has nearly tripled since 2008 to $609 billion, according to Fitch Ratings.
By Meg Bryant • Oct. 30, 2018 -
Eli Lilly puts up $100M in RNAi deal with Dicerna
With plans to collaborate on more than 10 targets, the agreement is rich in milestone payments that could reach in the billions for Dicerna.
By Andrew Dunn • Oct. 29, 2018 -
Pfizer, Novartis partner in hunt to find drugs for NASH
Estimates of prevalence of non-alcoholic steatohepatitis are all over the map, but the pact is more evidence pharma sees a potentially lucrative market.
By Ned Pagliarulo • Oct. 29, 2018 -
AbbVie takes over cystic fibrosis drugs from Galapagos
It's a risky bet that the experimental treatments from Galapagos can outflank market leader Vertex's dominant position.
By Suzanne Elvidge • Oct. 26, 2018 -
Keeping up deal frenzy, Alexion strikes an RNAi pact
An agreement that could be worth more than $600 million will add two preclinical RNAi molecules from Dicerna to Alexion's pipeline.
By Andrew Dunn • Oct. 24, 2018 -
AstraZeneca picks up immunotherapy drugs, equity stake in Innate deal
Through the deal, AstraZeneca will pick up full rights to an anti-NKG2A antibody that had originally drawn the pharma's interest in 2015.
By Suzanne Elvidge • Oct. 24, 2018