Deals: Page 67
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Celgene expands partnership with Agios into immuno-oncology
Agios lands $200 million upfront, with the potential for much more in clinical and regulatory milestones.
By Nicole Gray • May 18, 2016 -
Editas forges $5 million CRISPR research deal with Cystic Fibrosis Foundation
While Editas has no approved drugs yet, the promise and hope surrounding gene-editing has spurred several development deals.
By Nicole Gray • May 17, 2016 -
With generics deal pending, Teva's Europe portfolio attracts buyers
Novartis and Mylan are both reportedly interested in acquiring Teva's businesses in the U.K., Ireland, and Iceland.
By Ned Pagliarulo • May 16, 2016 -
Pfizer adds eczema drug in $5.2 billion deal for Anacor
Anacor's main drug candidate, crisaborole, is currently under FDA review for treatment of eczema.
By Ned Pagliarulo • May 16, 2016 -
Baxter reportedly top suitor for Indian injectables maker
But the Chinese conglomerate Fosun Group has also made an offer, according to The Economic Times.
By Ned Pagliarulo • May 12, 2016 -
Daiichi snaps up Japanese rights to CVD stem-cell therapy
U.K.-based Cell Therapy will receive £12.5 million upfront from the Japanese company for its Heartcel product.
By Nicole Gray • May 11, 2016 -
Pfizer planning first triple-drug immuno-oncology study
Expected to begin sometime next year, the early-stage trial will combine the checkpoint inhibitor avelumab with two other drugs.
By Nicole Gray • May 11, 2016 -
Medicines Co. sells off cardiovascular drugs to Italy's Chiesi
The deal could be worth up to $792 million if all milestones are hit.
By Ned Pagliarulo • May 9, 2016 -
Lower sales of generic drugs weigh on Teva's first-quarter revenue
Still pending is a $40 billion acquisition of Allergan's generics business, which the Israel-based drugmaker expects to close in June.
By Ned Pagliarulo • May 9, 2016 -
As Big Pharma circles, Medivation makes case for independence
Sanofi has threatened to take its $9.3 billion takeover directly to shareholders if Medivation continues to rebuff negotiations.
By Ned Pagliarulo • May 6, 2016 -
Pfizer bets on Wave with drug development deal
The partnership could be worth up to $911 million if all milestones are hit.
By Nicole Gray • May 6, 2016 -
AMRI cuts $358M deal for Euticals
The deal will give AMRI a significant API portfolio in Europe.
By Randy Lilleston • May 5, 2016 -
Report: Pfizer considering takeover offer for sought-after Medivation
Medivation's board last week rejected a $9.3 billion bid from Sanofi, calling it a "substantially inadequate proposal."
By Ned Pagliarulo • May 4, 2016 -
IMS, Quintiles to merge in $9B deal
The all-stock deal unites two major providers of pharma support services.
By Randy Lilleston • May 3, 2016 -
Medivation rejects $9.3 billion purchase bid from Sanofi
The all-cash offer was turned down unanimously by Medivation's board.
By Randy Lilleston • April 29, 2016 -
UBS venture fund raises $471 million for early-stage cancer investments
One of the goals of the fund will be to help bridge the gap between initial drug development and later investments by large pharma.
By Nicole Gray • April 28, 2016 -
AbbVie buys Stemcentrx for $5.8 billion, builds cancer drug offerings
The cash-and-stock deal gives AbbVie access to Rova-T, a small cell lung cancer treatment that has shown strong early promise.
By Randy Lilleston • April 28, 2016 -
Sanofi pressures Medivation to take $9.3 billion bid
After the April 15 offer drew no interest, Sanofi CEO Olivier Brandicourt makes public a letter asking Medivation CEO David Hung to explain the silence.
By Ned Pagliarulo • April 28, 2016 -
AstraZeneca hands off Zurampic marketing rights to Ironwood for $100 million
The gout drug just won approval from the FDA in December 2015.
By Nicole Gray • April 26, 2016 -
Novartis may divest $14B stake in Roche, could generate M&A funding
The company's new heart failure drug Entresto has disappointed post-launch in the U.S., putting pressure on the Swiss drugmaker.
By Nicole Gray • April 26, 2016 -
With CEO Papa headed to Valeant, Perrigo faces new challenges
The Irish drugmaker scaled back earnings expectations for 2016, citing increased competition and pricing pressures.
By Nicole Gray • April 26, 2016 -
Actelion denies reports of takeover
The Swiss company also reported strong growth for its new PAH drugs in the first quarter.
By Nicole Gray • April 22, 2016 -
Adding to cosmetic portfolio, Allergan buys Topokine for $85 million
This is the second deal struck by the Irish company following the collapse of its mega-merger with Pfizer.
By Ned Pagliarulo • April 22, 2016 -
Boosting pipeline, AbbVie inks two deals for preclinical cancer drugs
The deals, with ArgenX and CytomX, give AbbVie a foothold in immuno-oncology.
By Nicole Gray • April 22, 2016 -
In $205 million deal, Recipharm buys Kemwell's US, India CDMO businesses
The Swedish contract development firm aims to gain a foothold in the US market.
By Nicole Gray • April 21, 2016