Deals: Page 7


  • A 3D illustration of cancer cells.
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    Taiho buys Swiss biotech and its ADC tech for $400M

    The pharma will acquire Araris Biotech to gain access to three preclinical ADCs and a linking technology Araris claims is superior to existing platforms.

    By March 17, 2025
  • AstraZeneca
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    Christopher Furlong via Getty Images
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    AstraZeneca adds ‘in vivo’ cell therapy capabilities with EsoBiotech deal

    The pharma is paying up to $1 billion to buy the Belgian startup, whose technology it sees as useful in treating cancer and autoimmune conditions.

    By March 17, 2025
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    MeiraGTx spins Parkinson’s, obesity gene therapies into AI startup

    The joint venture with generative AI firm Hologen hands MeiraGTx $200 million up front as well as other financial perks — a “transformative” deal, according to the company’s CEO.

    By March 13, 2025
  • Two test tubes pour different-colored liquids into a beaker in an illustration representative of biopharma mergers.
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    Elizabeth Regan/BioPharma Dive
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    Mallinckrodt, Endo to combine in $7B deal

    The merger will give the combined entity the financial flexibility to pursue drug licensing deals and broaden its therapeutic focus, executives said on a conference call.

    By Kristin Jensen • March 13, 2025
  • A sign with the Roche logo stands in front of a tall building.
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    Obesity drugs

    Roche broadens obesity drug plans with $1.65B Zealand deal

    The deal gives the Swiss pharma access to an experimental amylin-targeting treatment it will test in combination with drugs it acquired from Carmot.

    By March 12, 2025
  • CordenPharma’s Integrated Supply from peptide drug substance to injectable and oral solid dosage manufacturing.
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    Courtesy of CordenPharma
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    Viking inks CordenPharma deal to boost obesity drug supply

    The biotech will commit $150 million to an alliance that hands it significant production capacity for a closely watched weight loss treatment.

    By March 11, 2025
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    2seventy bio, Bluebird’s cell therapy spinout, sells to Bristol Myers for less than $300M

    The deal ends 2Seventy’s short run as an independent company, during which it restructured, sold off research and lost nearly all of its market value.

    By March 11, 2025
  • A sign for Jazz Pharmaceuticals is displayed at the ASCO annual meeting in Chicago on June 2, 2018.
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    Jacob Bell/BioPharma Dive
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    Jazz expands in oncology with $935M deal for Chimerix

    Chimerix is currently awaiting an FDA decision on accelerated approval of a drug it’s developing for a type of glioma. 

    By March 5, 2025
  • An AbbVie sign is seen on the outside of a building in California.
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    Courtesy of AbbVie
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    Obesity drugs

    AbbVie gets into obesity with $350M deal for once-weekly shot

    A licensing deal with Denmark’s Gubra gives the immunology giant control of an experimental therapy that could compete with drugs from Novo Nordisk, Eli Lilly and Zealand.

    By March 3, 2025
  • Corporate logos are seen outside  on May 15, 2006, in Macclesfield, England.
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    Christopher Furlong via Getty Images
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    AstraZeneca deepens China presence with FibroGen deal

    The $160 million acquisition of a FibroGen subsidiary expands AstraZeneca’s foothold in China while the company works through government investigations into its business practices there. 

    By Kristin Jensen • Feb. 20, 2025
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    Trump administration

    FTC retains stricter merger guidelines under Trump

    Agency chair Andrew Ferguson sent a memo to staff on Tuesday clarifying that Biden-era guidelines will remain in place — for now.

    By Rebecca Pifer Parduhn • Feb. 19, 2025
  • Dr. Ed Kaye, CEO, Stoke Therapeutics
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    Biogen buys rights to Stoke’s rare epilepsy drug

    In exchange for $165 million, Biogen now has access to zorevunersen, a potential first-of-its-kind treatment for Dravet syndrome.

    By Feb. 18, 2025
  • A 3D visualization of red blood cells traveling through a blood vessel.
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    Novartis pays $925M to reel in a startup it helped launch

    The acquisition of Anthos Therapeutics could be worth up to $3.1 billion and returns to Novartis a blood thinner it licensed to the Blackstone-backed startup six years ago.

    By Feb. 11, 2025
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    Deep Dive // China competition

    ‘The bar has risen’: China’s biotech gains push US companies to adapt

    Pharma dealmaking for drugs invented in China is putting pressure on U.S. biotechs to compete harder, according to investors and executives interviewed by BioPharma Dive earlier this year.

    By Jan. 16, 2025
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    Permission granted by Roche
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    Q&A

    Roche’s new deals head tries to navigate a more ‘complicated’ and ‘expensive’ biotech world

    Roche's core research spans five large areas. Boris Zaïtra, who now leads corporate business development, is confident his team of dealmakers can juggle them.

    By Jan. 16, 2025
  • The Biogen logo is displayed on wall inside the company's Cambridge, Massachusetts, headquarters on Sept. 5, 2024.
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    Jacob Bell/BioPharma Dive
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    At JPM, Biogen CEO tries to take down the deal temperature

    While Biogen has made an opportunistic bid for partner Sage, its top executive seemed to play down the urgency for his company to go after larger deals.

    By Jan. 15, 2025
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    Brain drug revival

    Biogen’s ‘cold and calculated’ offer to buy Sage receives a mixed reaction on Wall Street

    Analysts say the deal, which would give Biogen full control over the drug Zurzuvae, could be a smart financial move. Yet it's also unlikely to appease broader investor concerns.

    By Jan. 13, 2025
  • An Eli Lilly logo is seen at the top of a building.
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    Lilly pads cancer drug pipeline with Scorpion deal

    The pharma will spend up to $2.5 billion to acquire an experimental PI3K inhibitor from Scorpion, which will spin out a new company holding its employees and other assets.

    By Jan. 13, 2025
  • Signs for Johnson & Johnson are seen on company offices in California.
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    Mario Tama via Getty Images
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    Brain drug revival

    J&J to buy psychiatric drug developer Intra-Cellular for $14.6B

    Intra-Cellular has had success selling Caplyta, a brain-rebalancing drug that's approved to treat schizophrenia and bipolar depression.

    By Ned Pagliarulo , Updated Jan. 13, 2025
  • The Merck & Co. sign at the company's building in Summit, New Jersey.
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    Kena Betancur via Getty Images
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    Merck moves into obesity with deal for Hansoh’s GLP-1 pill

    News of Merck’s licensing of Hansoh’s preclinical medicine pressured shares in Viking and other obesity drug developers seen as likely buyout targets.

    By Dec. 18, 2024
  • A sign reading Catalent hangs on the side of a factory building.
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    Novo Holdings’ purchase of Catalent set to close after regulators’ green light

    The $16.5 billion take-private deal can now be completed, along with Novo Nordisk’s related acquisition of three Catalent drug manufacturing plants.

    By Ned Pagliarulo • Dec. 16, 2024
  • An AbbVie sign is seen on a building at the pharmaceutical company's U.S. headquarters.
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    Courtesy of AbbVie
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    AbbVie to acquire Roche spinout Nimble in immune drug deal

    The pharma will pay $200 million to buy Nimble and a preclinical oral drug that blocks a protein known as IL-23 — the target of AbbVie’s injection Skyrizi.

    By Ned Pagliarulo • Dec. 13, 2024
  • A photo of a building showing a GSK sign in London.
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    Courtesy of GSK
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    GSK taps a startup for shot at Alzheimer’s drug

    The collaboration deal, which could be worth hundreds of millions of dollars, is a “pivotal moment” for Muna Therapeutics, a startup that launched less than four years ago.

    By Dec. 5, 2024
  • A 3D visualization of neurons and neural network with signals.
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    ALS drug development

    Dewpoint, Mitsubishi partner on ALS drug in deal worth up to $480M

    The collaboration is another vote of confidence in Dewpoint’s biomolecular condensates research, which had already attracted interest from the likes of Bayer and Novo Nordisk.

    By Dec. 4, 2024
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    Coherus, sharpening immuno-oncology focus, sells another biosimilar for over $500M

    The company reached a deal to divest its third biosimilar this year, selling a copycat version of Amgen’s Neulasta for up to $558 million. 

    By Dec. 3, 2024