Deals: Page 73
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Tekmira to become Arbutus, shift focus to hep B
After Tekmira's merger with OnCore in March, the combined entity now boasts that largest hepatitis B (HBV) pipeline in the industry.
By Nicole Gray • July 21, 2015 -
Deep Dive
Innovation vs. access: The big drug battle in Trans-Pacific Partnership negotiations
The generics industry worries over the intellectual property provisions of the complex trade agreement.
By Nicole Gray • July 17, 2015 -
Celgene buying Receptos for $7.2 billion
The deal brings ozanimod -- a promising late-stage candidate with multiple potential applications -- into Celegene's portfolio.
By Nicole Gray • July 15, 2015 -
AstraZeneca divests gastro drug for $215 million
The drug will go to Tillotts Pharma.
By Nicole Gray • July 10, 2015 -
Insurers are getting bigger—What does that mean for pharma's pricing power?
Credit rating giant Moody's suggests that the trend towards insurer consolidation could come at pharma's expense.
By Nicole Gray • July 9, 2015 -
CF Foundation gains massive windfall from Vertex's Kalydeco
A Bloomberg report highlights the massive financial gain the charity has enjoyed from the drug—in excess of $3 billion.
By Nicole Gray • July 8, 2015 -
Horizon Pharma in hostile pursuit of Depomed for $3 billion
It would be an all-stock deal.
By Nicole Gray • July 8, 2015 -
Teva plans to hike Mylan bid by $2B to $43 billion this week: report
Mylan wanted the Israeli pharma giant to put up an official takeover offer. The company may soon get its wish.
By Sy Mukherjee • July 7, 2015 -
Biogen pursuing AGTC's ophthalmology gene therapy—for up to $1 billion
It's a big deal for a portfolio of gene therapies to treat orphan eye diseases.
By Nicole Gray • July 7, 2015 -
Drug makers warn EU over troubled Greece: Medicine supply 'may be in jeopardy'
The industry is warning that the Greek drug-supply chain may be severely disrupted if Greece leaves the Euro zone.
By Nicole Gray • July 2, 2015 -
Deep Dive
'Innovation' is everywhere in biopharma—but what does that actually mean?
Innovation has many definitions. But it can’t exist without collaborative partnerships.
By Nicole Gray • July 2, 2015 -
AMAG Pharma to snap up stem cell firm for $700 million
The acquisition will give AMAG access to 600,000 preserved umbilical cord blood and tissue stem cell units, and is meant to bolster the company's maternal health ambitions.
By Isabella Alvarez • June 30, 2015 -
Novartis back in the pain game with $700M deal for Australia's Spinifex
The Australian company's investigational painkiller has a different mode of action compared to conventional opiates.
By Nicole Gray • June 30, 2015 -
Dutch or American? In takeover drama, Mylan seems to want it both ways
In February, Mylan completed a tax-inversion deal that relocated its corporate headquarters to the Netherlands.
By Nicole Gray • June 23, 2015 -
Teva completes Mylan share purchases, official takeover bid could come any day
Teva has now hit the 4.6% ownership threshold for Mylan.
By Nicole Gray • June 19, 2015 -
Despite insider sale, Receptos stock surges on takeover rumors
Lilly Ventures sold 25% of its holdings in Receptos last week, but the stock still moved up on whispers of an imminent takeover bid.
By Nicole Gray • June 18, 2015 -
GSK's decision to cast off now-valuable drugs raises questions
Four drugs that GlaxoSmithKline (GSK) discarded are now valued at $5 billion.
By Nicole Gray • June 17, 2015 -
Bayer, Johns Hopkins team up for eye disease R&D
The alliance hopes to find treatments to common causes for vision loss such as AMD and DMA.
By Nicole Gray • June 17, 2015 -
Abbott gets involved in M&A drama, backs Perrigo buy
The move means Mylan's bid has the backing of its largest shareholder.
By Nicole Gray • June 17, 2015 -
Study: Biopharma's pipeline-by-merger strategy isn't working
According to an analysis by the consulting firm McKinsey & Company, most companies forging licensing and acquisition deals have lost hit rates.
By Nicole Gray • June 17, 2015 -
CVS further widens reach with $1.9B deal for Target's pharmacies
The pharmacy giant will acquire the retailer's 1,600-plus pharmacies in 47 states on the heels of a nursing home pharmacy chain buyout. And the deal was reportedly struck over dinner between the firms' CEOs.
By Nicole Gray • June 16, 2015 -
Panasonic Healthcare to snap up Bayer diabetes unit for $1.1 billion
The deal is expected to close in Q1 2016.
By Nicole Gray • June 11, 2015 -
Another day, another barb: Teva calls Mylan's anti-takeover tactics 'desperate'
The hostilities haven't exactly been under-the-radar. But what's the end game here?
By Sy Mukherjee • June 9, 2015 -
Merck, New England Patriots boss part of investment team for ABX start up
Spero is devoted to developing next-gen antibiotics.
By Nicole Gray • June 9, 2015 -
UPDATE: Defiant Teva to buy even more Mylan shares, setting up potential legal showdown
Teva is claiming that Mylan is not protected by U.S. antitrust laws limiting the size of the stake that the former company can buy in its competitor.
By Nicole Gray • June 3, 2015