Deals: Page 33
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AbbVie reaches 5th deal to secure Humira through 2023
Through a settlement with AbbVie, Fresenius Kabi's copycat biologic won't launch in the U.S. until late 2023, pending it securing FDA approval by then.
By Suzanne Elvidge • Oct. 19, 2018 -
Novartis buys Endocyte for $2.1B in latest deal under CEO Narasimhan
The acquisition, announced as Novartis reported third quarter earnings, adds another radioligand therapy to the Swiss pharma's pipeline.
By Ned Pagliarulo • Oct. 18, 2018 -
DOJ clears CVS-Aetna union
Approval of the $69 billion deal comes with a condition to sell Aetna's Medicare Part D business.
By Samantha Liss • Oct. 10, 2018 -
Roche, Ionis focusing on eye disease through new deal
On the heels of their Huntington's disease collaboration, the companies are teaming up again — this time on a therapy targeting the immune system.
By Jacob Bell • Oct. 10, 2018 -
Lonza boosts ADC manufacturing with new investment
Antibody-drug conjugates have occupied a corner of the biologic market for years. Lonza, though, is betting on faster growth.
By Suzanne Elvidge • Oct. 10, 2018 -
Novo stands up stem cell manufacturing site in California
Licensed from Asterias, the plant will supply stem cell-based therapies for clinical research by the Danish drugmaker.
By Suzanne Elvidge • Oct. 4, 2018 -
J&J bets billions on RNA interference
A deal with Arrowhead potentially worth $3.75 billion gives J&J access to an investigational hepatitis B treatment and up to three more RNAi therapeutics.
By Jacob Bell • Oct. 4, 2018 -
Novartis, GSK ink deals with Boston biotech
The two deals more than double the size of Boston Pharmaceuticals' drug pipeline to 15 candidates.
By Andrew Dunn • Oct. 3, 2018 -
Aduro loses valuable partner as J&J exits licensing deals
By terminating a trio of licensing deals focused on cancer vaccines, J&J puts pressure on Aduro to succeed in its other big pharma partnerships.
By Jacob Bell • Oct. 2, 2018 -
Akorn falls after judge rules Fresenius can exit takeover
Shares of the would-be takeover target were down more than 50% as Judge Travis Laster ruled that "[a]ny second thoughts that Fresenius had about the Merger Agreement were justified by unexpected events at Akorn."
By Jacob Bell • Oct. 1, 2018 -
Roche jumps on Tregs trend with a potential $750M deal
The Swiss pharma believes a preclinical therapy from Tusk Therapeutics to be "the most advanced asset to test" the regulatory T cell hypothesis.
By Andrew Dunn • Sept. 28, 2018 -
Novartis taps Cellular Biomedicines to supply Kymriah in China
The biotech will be in charge of manufacturing the CAR-T therapy, while Novartis helms distribution, regulatory and marketing efforts in China.
By Jacob Bell • Sept. 27, 2018 -
J&J gives up on Geron's cancer drug
Geron, which saw shares fall 70% by market's open Thursday, said it will power on with imetelstat's development, with a Phase 3 testing planned for mid-2019.
By Andrew Dunn • Sept. 27, 2018 -
Aetna sells Medicare Part D business to WellCare subsidiary
The deal is meant to grease the wheels for approval of the payer's pending $69 billion acquisition by CVS.
By Samantha Liss • Sept. 27, 2018 -
New York regulator warns CVS-Aetna merger could raise prices
The state's top financial watchdog said the pharmacy chain's PBM would have an incentive to give the largest drug discounts to Aetna members.
By Samantha Liss • Sept. 26, 2018 -
Alexion to buy Syntimmune in potential $1.2B deal
The biotech will spend $400 million upfront to expand its pipeline with a rare disease drug candidate currently in Phase 1b/2a testing.
By Andrew Dunn • Sept. 26, 2018 -
Narcan developer secures grant for counter to opioid weaponization
BARDA is concerned that repeat doses of naloxone would not be available in a large-scale terrorist attack involving weaponized opioids. So it's tapped Opiant to develop a long-acting opioid overdose agent.
By Suzanne Elvidge • Sept. 21, 2018 -
Amicus expands into gene therapy with $100M deal
Acquiring Celenex, a spinout from Nationwide's Children Hospital, will give the rare disease biotech a slate of 10 mostly preclinical gene therapy candidates.
By Ned Pagliarulo • Sept. 20, 2018 -
Why payers are gobbling up PBMs
On Monday the Justice Department gave its blessing to a $67 billion acquisition of Express Scripts by Cigna.
By Samantha Liss • Sept. 18, 2018 -
Allergan's Bonti buy part of plan to double medical aesthetics business
Seeing a growing opportunity, Allergan is expanding its pipeline at the same time as it ups spending on DTC marketing for products like Botox.
By Ned Pagliarulo • Sept. 14, 2018 -
Boehringer bets on oncolytic viruses in ViraTherapeutics deal
The German pharma paid $245 million to acquire the Austrian biotech, boosting a partnership the two companies inked in 2016.
By Ned Pagliarulo • Sept. 13, 2018 -
As EpiPen struggles, Walgreens, Kaleo ink Auvi-Q partnership
Auvi-Q will now be offered at Walgreens' roughly 9,800 locations at no cost for commercially insured patients eligible for Kaleo's patient support programs.
By Jacob Bell • Sept. 7, 2018 -
Health systems roll out generic manufacturing company to meet hospital needs
Catholic Health Initiatives, HCA and Mayo Clinic are just a few of the groups aiming to lower costs and increase access to generics through the newly-named Civica Rx.
By Jacob Bell • Sept. 6, 2018 -
Novartis slims down Sandoz, selling 2 units to Aurobindo for $1B
Roughly 300 products from Sandoz's oral solids and dermatology businesses will transfer to the Indian drugmaker.
By Andrew Dunn • Sept. 6, 2018 -
Mannkind stays afloat with United licensing deal
The struggling insulin drugmaker picks up $45 million through the deal, which should help stave off concerns about its ability to continue operations.
By Ned Pagliarulo • Sept. 4, 2018