Deals: Page
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GSK, Verily launch $715 million bet on bioelectronic medicines
The newly created company aims to develop tiny, implantable devices to treat chronic diseases by modifying electrical signals in the body.
By Ned Pagliarulo • Aug. 1, 2016 -
Bayer leans on partnering for new growth
BioPharma Dive spoke with Bayer’s Head of Innovation about why partnerships are vital for staying competitive and expanding into new areas.
By Nicole Gray • July 31, 2016 -
Editas teams up with Italian gene therapy institute
The two aim to develop stem cell-based and T-cell therapies for rare diseases through a three-year collaboration.
By Nicole Gray • July 29, 2016 -
US, UK pledge to combat antibiotic resistance through new alliance
Called Carb-X, the partnership brings together governmental, academic and industry-based experts to address "super bacteria" before resistance becomes unmanageable.
By Nicole Gray • July 29, 2016 -
Pfizer may sell its stake in Latin America's largest manufacturer
A Reuters report suggests Teva and Mylan are some of the companies interested in buying Pfizer's 40% stake in a Brazilian joint venture.
By Nicole Gray • July 28, 2016 -
GSK enters $230 million licensing deal with Janssen
GlaxoSmithKline saw an opportunity to develop a new asthma treatment using the IL-33 pathway.
By Nicole Gray • July 28, 2016 -
US regulators clear Teva, Allergan generics deal
But the Israeli drugmaker will have to sell off nearly 80 drugs in order to clear antitrust concerns raised by the Federal Trade Commission.
By Ned Pagliarulo • July 27, 2016 -
Janssen: Bristol-Myers' newest Opdivo combo research partner
A number of companies have recently looked to team up with Bristol-Myers as its checkpoint inhibitor Opdivo continues to rack up approvals.
By Nicole Gray • July 27, 2016 -
Kite eyes off-the-shelf T-cell therapies with UCLA research deal
A leader in the race to develop an autologous CAR-T therapy, Kite appears to be hedging its bets with the new agreement.
By Nicole Gray • July 26, 2016 -
Swiss group Galencia buys US biotech Relypsa for $1.5 billion
Relypsa's recently approved kidney drug became morere valuable after AstraZeneca saw its competing treatment snubbed by the FDA.
By Ned Pagliarulo • July 21, 2016 -
Mylan gets 'all clear' from EU regulators for $7.2 billion Meda deal
Together, the two generics companies would have a foothold in many emerging markets.
By Nicole Gray • July 21, 2016 -
Celgene bolsters cancer pipeline with another big biotech deal
Cambridge biotech Jounce Therapeutics will receive $225 million upfront plus a hefty $2.3 billion in potential milestone payments tied to its immuno-oncology candidates.
By Edwin Lopez • July 19, 2016 -
Teva raises $15 billion through bond sale
Proceeds from the sale will help fund Teva's $40.5 billion acquisition of Allergan's generics division.
By Nicole Gray • July 19, 2016 -
High-profile VC firm hires former Merck exec as chief medical officer
Flagship Ventures has been active in supporting biotech firms coming out of Cambridge, MA.
By Nicole Gray • July 14, 2016 -
Teva, Allergan generics deal to close 'at any time now'
Underscoring Teva's confidence in winning final U.S. approval for the deal, the Israeli drugmaker also put out rosy revenue projections through 2019.
By Edwin Lopez • July 13, 2016 -
Nichi-Iko expands into US with $736 million Sagent buy
Currently dependent on the Japanese market, Nichi-Iko has designs to become a generics player internationally.
By Nicole Gray • July 12, 2016 -
Medicines Patent Pool expands access to HIV, hepatitis C drugs with new deals
Four of the licensing agreements with the UN-backed health group covered Bristol-Myers Squibb's Daklinza.
By Nicole Gray • July 11, 2016 -
Moderna and Vertex partner to target cystic fibrosis with RNA therapies
Vertex will pay $40 million upfront to Moderna, with the potential for another $275 million in milestone payments.
By Nicole Gray • July 7, 2016 -
Valeant mulling sale of dermatology assets to Spanish Almirall: report
Although Valeant has made some steps toward recovering from a disastrous first quarter, the company still faces a substantial debt load.
By Nicole Gray • July 6, 2016 -
Despite sluggish IPO market, biotechs continue to lead the way
Nine out of 12 venture-backed IPOs in the second quarter were for biotech firms, according to a new report.
By Nicole Gray • July 6, 2016 -
Sanofi, Army partner to hasten Zika vaccine trials
The Walter Reed Army Institute of Research will transfer its technology to Sanofi for Phase 2 testing and regulatory strategy.
By Edwin Lopez • July 6, 2016 -
Medivation enters takeover talks with Sanofi after rejecting new bid
But Sanofi will have company: Medivation said it had also agreed to open its books to a number of other interested parties.
By Ned Pagliarulo • July 5, 2016 -
Chinese biotech CStone raises $150 million in new financing
A former Sanofi exec will head up the new company, which aims to become a research leader in China.
By Nicole Gray • July 5, 2016 -
Bristol-Myers buys Cormorant Pharma, eyes cancer combo potential
While Bristol is on the hook for only $95 million in upfront and near-term payments, the deal could be worth over $500 million if all milestones are hit.
By Ned Pagliarulo • July 5, 2016 -
Pfizer makes bid for Bind after repayment woes
A demand for accelerated repayment on a $15 million loan led Bind to file for bankruptcy in May.
By Nicole Gray • July 5, 2016