Deals: Page 69
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Amgen to snatch 3 drugs back from Glaxo in key int'l markets
The company will reacquire the sales rights to the drugs in 48 countries.
By Nicole Gray • Dec. 16, 2015 -
Boehringer, Sanofi prepping complex asset swap of consumer, animal health units
The $20 billion deal is expected to close in Q4 2016.
By Nicole Gray • Dec. 15, 2015 -
Akebia strikes $350 million deal with Mitsubishi Tanabe for next-gen anemia pill
Vadadustat is in phase 3 trials for treatment of non-dialysis chronic kidney disease (CKD).
By Nicole Gray • Dec. 15, 2015 -
FTC wants even more info from Walgreens & Rite Aid on proposed merger
In October, Walgreens agreed to buy Rite Aid for $9.4 billion.
By Nicole Gray • Dec. 14, 2015 -
UPDATE: AstraZeneca buys 55% stake in Acerta for $4 billion
The real target is Acerta Pharma's blood cancer drug acalabrutinib, which AZ believes could earn over $5 billion a year.
By Nicole Gray • Dec. 14, 2015 -
It's official: FDA shoots past 2014's new drugs record with Roche lung cancer med nod
The approval for Alecensa (alectinib), an expected blockbuster, makes 2015 a second consecutive banner year for new therapies.
By Nicole Gray • Dec. 14, 2015 -
Deep Dive
A lead researcher and a Boehringer SVP on the drumbeat of innovation in oral anticoagulants
We spoke with the two experts to better understand how innovation can thrive even when things seem to be headed south.
By Nicole Gray • Dec. 11, 2015 -
Hillary Clinton to unveil 'exit tax' plan to combat inversion mergers like Pfizer/Allergan
Clinton referred to inversion deals as a way of 'gaming the tax system.'
By Nicole Gray • Dec. 8, 2015 -
Medtronic's inversion deal has already saved it more than $9 billion
Since the company completed acquisition of Covidien and moved headquarters to Dublin, it's freed up $9.3 billion.
By Nicole Gray • Dec. 4, 2015 -
Deep Dive
Inside the bold new fight for an HIV cure: An exclusive interview with amfAR CEO Kevin Robert Frost
Seven years ago, Frost faced calls for his resignation over his suggestion that an HIV cure was an attainable goal. This week, his group announced the establishment of a research institute which he compares to NASA and the Manhattan Project that is 100% focused on this precise mission.
By Nicole Gray • Dec. 4, 2015 -
Can Rich Heyman score a buyout hat-trick with prostate cancer drug startup ORIC?
Heyman was a co-founder of Aragon Pharmaceuticals and Seragon Pharmaceuticals, both which were sold profitably.
By Nicole Gray • Dec. 3, 2015 -
Adaptimmune heats up the immuno-oncology race & stares down Cellectis with Universal Cells deal
The deal, which focuses on the development of off-the-shelf T-cell immunotherapies, could be worth up to $41 million.
By Nicole Gray • Dec. 2, 2015 -
Influential GOP lawmaker calls for tax overhaul in wake of Pfizer-Allergan inversion deal
Rep. Charles Boustany (R-LA) said the U.S. tax code and high corporate tax rates have driven the recent inversion frenzy.
By Nicole Gray • Dec. 2, 2015 -
As Theranos deal fizzles, Safeway brings in Sonora Quest Labs for diagnostic tests
Last week, Sonora Quest announced an agreement to open patient service centers in select Safeway stores in Arizona.
By Nicole Gray • Dec. 2, 2015 -
Express Scripts banishes Turing from formulary, turns to compounder for generic Daraprim
The largest pharmacy benefits manager (PBM) in the U.S. is partnering with Imprimis for a $1-per-pill Daraprim (pyrimethamine) option.
By Nicole Gray • Dec. 2, 2015 -
Roche severs 'superbug' antibiotic R&D pact with Polyphor
But the company insists that it isn't backing out of antibiotic development efforts in an era of rising drug resistance.
By Nicole Gray • Nov. 30, 2015 -
Allergan beefs up its CNS portfolio ahead of Pfizer merger
New acquisitions include early-stage treatments for autism and obsessive-compulsive disorder (OCD).
By Nicole Gray • Nov. 30, 2015 -
After Pfizer-Allergan, few large inversion deal options for cash-rich companies
Smaller companies may find it easier to invert than large companies.
By Nicole Gray • Nov. 24, 2015 -
Deep Dive
The 'Pfallergan' fallout: Reactions to—and questions for—the biggest healthcare deal of all time
Lawmakers, presidential contenders, and regulators are already preparing to step up the pressure on Pfizer and Allergan, while investors and industry observers still have plenty of questions about how the combined entity will ultimately be structured.
By Sy Mukherjee • Nov. 24, 2015 -
Deep Dive
How biopharma companies can thrive in the era of megamergers and shrinking budgets
We spoke with James Crowley at Accenture Life Sciences about what it takes to not only survive, but to shine, in a hyper-competitive market.
By Nicole Gray • Nov. 24, 2015 -
AstraZeneca, Sanofi strike massive compound-sharing open research pact
The swap involves 210,000 compounds from the companies' libraries.
By Nicole Gray • Nov. 23, 2015 -
UPDATED: Pfizer, Allergan agree to historic $160 billion inversion merger
If the deal gets past regulators, the combined entity will be the largest pharmaceutical company in the world. And Pfizer chief Ian Read is already going on the offensive with lawmakers.
By Sy Mukherjee • Nov. 23, 2015 -
KaloBios has been 'rescued' by Martin Shkreli—who is now its CEO
Earlier this week, Shkreli invested $1.6 million in KaloBios, essentially staving off bankruptcy for the company.
By Nicole Gray • Nov. 20, 2015 -
Pfizer, Allergan reportedly prepping record $150B merger ahead of new inversion rules
It would be the largest biopharma deal, ever, by a considerable amount. It would also face plenty of regulatory scrutiny.
By Sy Mukherjee • Nov. 19, 2015 -
Genmab's multiple myeloma drug gets FDA approval, boosts EU biotech sector
The recent approval of Darzalex (daratumumab) for multiple myeloma bodes well for Genmab, which will enjoy royalties from Johnson & Johnson.
By Nicole Gray • Nov. 18, 2015