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GSK flags up pipeline as HIV drugs help it beat profit forecasts
Thursday, July 30, 2015GlaxoSmithKline moved to reclaim its prowess as a research powerhouse on Wednesday by flagging up dozens of new drugs and vaccines in development as demand for new HIV medicines helped it beat quarterly profit forecasts Strong sales of Tivicay and T...
Aequus Pharmaceuticals announces the Completion of the acquisition of TeOra Health
Wednesday, July 29, 2015Aequus Pharmaceuticals Inc a specialty pharmaceutical company with a focus on developing advancing and promoting differentiated products in Canada is pleased to announce the completion of the previously announced acquisition of TeOra Health Ltd TeOra...
Sanofi links with Regeneron in $2.2 billion cancer drug push
Wednesday, July 29, 2015French drugmaker Sanofi SASYPA said on Tuesday it was committing up to billion to a collaboration with its longtime partner Regeneron Pharmaceuticals REGNO in the hot area of cancer immunotherapy Sanofi will make an upfront payment of million to R...
Hikma Pharmaceuticals to buy Boehringer's U.S. generics unit for $2.65 billion
Wednesday, July 29, 2015Hikma Pharmaceuticals Plc HIKL said it would buy German drugmaker Boehringer Ingelheims US specialty generic drugs business for about billion in cash and stock to bolster its presence in the United States Hikma said it will pay about billion in ca...
Rise in Pharmaceutical M&A boosts US bridge loan issuance
Wednesday, July 29, 2015Massive acquisition financings are multiplying Israeli pharmaceuticals firm Teva Pharmaceutical Industries is lining up billion of debt to finance its billion acquisition of Allergans generics business following hard on the heels of a similar bill...
Source BioScience to buy Select Pharma Laboratories
Tuesday, July 28, 2015Londonlisted Source BioScience which operates a DNA sequencing facility in Tramore Co Waterford is to acquire the Scottish based company Select Pharma Laboratories for million m The acquisition is being part funded by the issue of new ordinary sha...
Teva to buy Allergan generic business for $40.5 billion, drops Mylan bid
Tuesday, July 28, 2015Israels Teva Pharmaceutical Industries will pay billion in cash and stock for Allergans generic drugs business solidifying Tevas position as the worlds No maker of generics while freeing Allergan to focus on branded drugs paying down debt and poten...
AstraZeneca sells rare cancer drug to Sanofi for up to $300 million
Tuesday, July 28, 2015AstraZeneca AZNL under pressure from falling sales of older drugs is selling a medicine for a rare type of cancer to Sanofi SASYPA as it continues a drive to raise cash by divesting certain assets Sanofis rare diseases division Genzyme will pay Astr...
Teva in Talks to Buy Allergan’s Generic-Drug Unit
Monday, July 27, 2015Israeli drug maker Teva Pharmaceutical Industries Ltd is in talks to combine with Allergan PLCs big genericdrug business in a move that would further consolidation in the healthcare industry and likely mean the end of Tevas pursuit of another acquisi...
JPMorgan to fund Lupin’s $880-million Gavis deal
Monday, July 27, 2015JPMorgan will bankroll Lupin for its million acquisition of Gavis a New Jerseybased generic drug firm The Wall Street bank will act as guarantor till the date of payment which is some weeks away and then lend the full deal amount that Lupin will ha...