Deals: Page 42
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Avid tapped to produce Enzyvant's rare disease candidate
It's Avid's latest move aimed at building a presence in the CDMO space.
By Jacob Bell • Feb. 22, 2018 -
Gilead taps Sangamo to expand cell therapy after Kite buy
The big biotech is trying to expand its know-how and pipeline in its recently acquired area of cell therapies.
By Lisa LaMotta • Feb. 22, 2018 -
Biohaven teams up with Catalent on CGRP oral drug delivery
The drugmaker will use Catalent's fast-dissolving technology for rapid delivery of its migraine medication.
By Suzanne Elvidge • Feb. 22, 2018 -
Merck buys virus maker to flesh out I/O pipeline
Viralytics hands Merck a mid-stage oncolytic virus drug that's already being tested in combination with Keytruda.
By Jacob Bell • Feb. 21, 2018 -
Takeda surfs a potential $2B Wave of acquisitions
Japan's Takeda gets a boost to its neurology pipeline with the deal to commercialize nucleic acid therapies.
By Suzanne Elvidge • Feb. 21, 2018 -
AstraZeneca taps Ionis for second antisense drug
The British pharma has gone back to the biotech for an antisense therapy directed at kidney disease.
By Lisa LaMotta • Feb. 20, 2018 -
Prescribed Reading: Landscape-changing deals and Alzheimer's shake-ups
A relatively large research collaboration could change the deal landscape. Elsewhere, the Alzheimer's development picture is getting a makeover.
By Lisa LaMotta • Feb. 16, 2018 -
Roche buys cancer data company Flatiron Health for $1.9B
Acquiring the tech unicorn will help Roche better use real-world evidence in the development of cancer drugs, while building its data analytics expertise.
By Suzanne Elvidge • Feb. 16, 2018 -
Charles River boosts CRO chops with $800M deal for MPI
Acquiring MPI Research should raise Charles Rivers' profits as early as this year and expand its business with biotech.
By Ned Pagliarulo • Feb. 15, 2018 -
Bioverativ taps new manufacturer as it steps out of Biogen's shadow
The spinoff-turned-Sanofi-company could pay more than $100 million to Oxford BioMedica for lentiviral vector production.
By Jacob Bell • Feb. 15, 2018 -
Bristol-Myers bets $1.85B on combo potential of Nektar cancer drug
It's a substantial upfront sum to gain access to Nektar's early-stage candidate, reflecting the growing importance of building an edge in combination immunotherapy.
By Ned Pagliarulo • Feb. 14, 2018 -
Avid sells off cancer assets, transitioning to CDMO
Boston biotech Oncologie will buy Avid's pipeline oncologics, completing the latter company's transition from drugmaker to contract manufacturer.
By Suzanne Elvidge • Feb. 13, 2018 -
Roivant and Poxel sign $650M diabetes deal
While Roivant has programs in endocrinology, the licensing pact for imeglimin pulls the Swiss biotech into the diabetes arena.
By Suzanne Elvidge • Feb. 13, 2018 -
Fewer regs could lower drug costs: White House council
The Council of Economic Advisers also suggested creating an independent agency to oversee the 340B prescription drug program.
By Les Masterson • Feb. 12, 2018 -
Allergan picks up Australian biotech Elastagen in $95M deal
Buying Elastagen's tissue repair platform fits with Allergan's "bolt-on" approach to dealmaking and further expands the pharma's medical aesthetics capabilities.
By Suzanne Elvidge • Feb. 12, 2018 -
SeaGen, Pieris ink deal for bispecific I/O drugs
For $30 million upfront and $1.2 billion in potential milestones, SeaGen gains the rights to advance three candidates created through the collaboration.
By Jacob Bell • Feb. 9, 2018 -
Prescribed Reading: Earnings point to restructuring, not M&A
As pharma companies continued to report full-year earnings, the M&A spree has stopped and the focus has shifted to fixing up the pipeline.
By Lisa LaMotta • Feb. 9, 2018 -
J&J strikes potential $1B JAK inhibitor deal with Theravance
The biotech will get $100 million upfront and up to $900 million in milestones should J&J opt into the program.
By Lisa LaMotta • Feb. 7, 2018 -
Prescribed Reading: Tax changes disappoint, ho-hum earnings
Recent earnings reports shine a light on investor expectations for the tax code changes and M&A in 2018.
By Lisa LaMotta • Feb. 2, 2018 -
Boehringer strikes Jardiance outcomes deal with Prime PBM
Intense competition in the diabetes drugs market has pushed manufacturers to search for ways to gain an edge, including value-based deals with payers.
By Jacob Bell • Jan. 31, 2018 -
SeaGen picks up Cascadian in $614M deal
The Seattle biotech is picking up its neighbor to gain a third late-stage asset.
By Lisa LaMotta • Jan. 31, 2018 -
Boosted by tax reform, Lilly looking for ways to spend $9B
While the Indianapolis drugmaker didn't drop any hints, executives said the company isn't planning to hold on to the newly unlocked cash for long.
By Ned Pagliarulo • Jan. 31, 2018 -
How Amazon, JPM and Berkshire could disrupt healthcare (or not)
"News of three corporate giants forming an independent healthcare company proves every business is a healthcare business," said David Vivero, CEO of digital health startup Amino.
By Shannon Muchmore, Daphne Howland & Jeff Byers • Jan. 31, 2018 -
BridgeBio picks up shelved Novartis drug, kicks off new subsidiary
New BridgeBio subsidiary QED Therapeutics will develop Novartis' infigratinib in cancer and skeletal dysplasias.
By Suzanne Elvidge • Jan. 31, 2018 -
Pfizer benefits from tax reform, still vague on M&A
The big pharma expects to bring back as much as $24 billion in cash from overseas, but is still mum on how it will be spent.
By Lisa LaMotta • Jan. 30, 2018