Deals: Page 75
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UPDATE: Teva scores a takeover talking point as Perrigo board rejects Mylan bid
In a statement, Perrigo's board said that Mylan's $29 billion bid "substantially undervalues" the firm. Advantage: Teva.
By Nicole Gray • April 21, 2015 -
What a Celgene stake in Mesoblast means for the stem cell firm's prospects
Celgene's purchase of 15.3 million shares of Mesoblast at $3.82 per share has substantially increased investor confidence.
By Nicole Gray • April 14, 2015 -
Ichor, J&J to collaborate in $85M hep B immunotherapy deal
The two companies are working together to develop and commercialize DNA-based vaccine therapies for treatment of chronic hepatitis B using Ichtor's platform.
By Nicole Gray • April 14, 2015 -
Mylan's $29B Perrigo bid seen as defensive play against M&A threat
Analysts suspect that the company's offer was a defense against a Teva takeover.
By Nicole Gray • April 13, 2015 -
UPDATE: Mylan offers $29 billion to buy Perrigo, create generics powerhouse
The offer amounts to $205 per share, or about a 24% premium over Perrigo's closing price on Tuesday.
By Sy Mukherjee • April 8, 2015 -
Targacept merger in jeopardy as Pfizer ends deal with buyer Catalyst
Targacept's stock has crashed hard on the news.
By Nicole Gray • April 7, 2015 -
MorphoSys CEO stays bullish on cancer drug despite Celgene split
The company plans to move forward with the development of MOR202.
By Nicole Gray • April 7, 2015 -
Juno, Novartis settle cancer patent spat for $12 million
Novartis will end up paying Juno Therapeutics a total of $12.25 million plus milestones for use of its chimeric receptor technology.
By Nicole Gray • April 7, 2015 -
Deep Dive
4 big biopharma deals we might see in 2015
Biopharma's already off to a historic start when it comes to deals in 2015. Here are four other ones we might see this year.
By Sy Mukherjee • April 6, 2015 -
Big bonus bonanza coming up at Actavis
The company's management team could see $101 million in bonuses.
By Nicole Gray • April 2, 2015 -
Partners wanted: Roche seeking collaborators in cancer immunotherapy
Severin Schwan, CEO of the Swiss drugmaker, is looking for collaborative research relationships to develop a range of immunooncology-based cancer drugs.
By Nicole Gray • April 2, 2015 -
Merck Serono and Intrexon initiate $941 million CAR-T deal
The CAR-T boom rages on.
By Nicole Gray • March 31, 2015 -
What UnitedHealth's $12.8B Catamaran deal means for pharma's pricing war
The marketing landscape is just going to get harder for the industry.
By Nicole Gray • March 31, 2015 -
The M&A train rolls on: Teva to buy American CNS drug maker for $3.2B
U.S.-based Auspex Pharma makes drugs for CNS disorders such as Huntington's and Tourette's.
By Sy Mukherjee • March 30, 2015 -
Celgene emerges as biotech partnering king of 2014
Under the leadership of George Golumbeski, the biotech forged 10 licensing deals last year.
By Nicole Gray • March 18, 2015 -
Allergan CEO Pyott heading for the exits as Actavis finalizes buyout
The times are changing over at Allergan.
By Nicole Gray • March 18, 2015 -
UPDATE: Valeant successfully fends off Endo, seals deal with Salix
Salix is walking away with even more cash from Valeant than it expected, spurred by a last-minute poaching bid from Endo.
By Sy Mukherjee • March 16, 2015 -
Bill & Melinda Gates Foundation bets big on CureVac's mRNA platform
The foundation is investing $52 million in the Germany-based company.
By Nicole Gray • March 13, 2015 -
Zogenix selling painkiller Zohydro to Pernix in huge deal
Pernix Therapeutics could end up paying a total of $383.5 million for the opioid painkiller Zohydro.
By Nicole Gray • March 12, 2015 -
Concordia acquiring Covis assets for $1.2 billion
The Canada-based company is buying 18 branded and authorized generic products from the privately held Covis Pharmaceuticals.
By Nicole Gray • March 11, 2015 -
Why CNS drug maker Acadia's shares soared on Tuesday
Rumors of a buy-out have been propelled by Acadia canceling two investor's conferences in a row, sending its stock soaring.
By Nicole Gray • March 11, 2015 -
Ackman becomes Valeant's 5th largest shareholder with $3.3B gamble
With Ackman's latest investment, Pershing Square now owns 4.9% of Valeant.
By Nicole Gray • March 9, 2015 -
AbbVie beats out J&J, will buy Pharmacyclics for $21B to boost cancer pipeline
With lower Humira sales on the horizon, AbbVie will get a big boost from Pharmacyclics' expected cancer blockbuster Imbruvica.
By Sy Mukherjee • March 5, 2015 -
The post-acquisition cuts begin: Valeant lays off 77 Dendreon employees
As of February 23, Valeant started laying off the 77 Dendreon employees slated for termination after the now-defunct company's $495 million acquisition by Valeant.
By Nicole Gray • March 4, 2015 -
AZ board to CEO Soriot: Want that big bonus? Show us the money
After successfully staving off a Pfizer takeover last year, the AZ CEO promised revenues of $45 billion by 2023. But sales are down, and now Soriot's bonus is at stake.
By Nicole Gray • March 3, 2015