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Abbott has succeeded where Biogen Idec failed last year in having a takeover offer accepted by Facet Biotech . Abbott will pay $27 per share for Facet, which values the biotech at $722 million minus its cash and marketable securities of $272 ...
Sanofi-Aventis has exercised its option to combine its animal health business Merial with Intervet/Schering-Plough Animal Health , Merck & Co 's animal health unit. Sanofi-Aventis bought out Merck's 50% share in Merial for $4 billion last July and ...
The US private equity firm, New Silk Route Partners (NSR), has invested Rs2.52 billion ($54.9 million) in Nectar Lifesciences of India. Nectar informed the Bombay Stock Exchange that it had raised Rs910 million through an issue of 26 million shares ...
Astellas is continuing down the hostile path in its bid for OSI Pharmaceuticals , with the filing of a US lawsuit aimed at preventing its target from adopting any improper measures to thwart the planned acquisition. The Japanese firm launched an ...
Astellas has launched a tender offer to acquire OSI Pharmaceuticals , despite the cancer, obesity and diabetes-focused company having previously turned down discussion requests. Astellas will begin a tender offer on March 2nd to acquire all of ...
 
The therapeutic landscape in HCV treatment is at an inflection point – recent data from the first generation of protease inhibitors promise the dawn of a new standard of care. But do not expect to ...
Deals speak volumes about company sentiment and the overall health of the pharmaceutical industry. MedTRACK analysis by Sarah Terry and Patricia Giglio; R&D spend and best-selling drugs analysis by ...
The launch of a new small car has shown the world that India can innovate. The couple in charge of Piramal Healthcare, an Indian firm that likes to go against the corporate grain, want to do the same ...
 
The contract development and manufacturing industry is a highly fragmented sector composed largely of small, privately owned firms. But the CEO of one such firm, Sweden's Recipharm , sees ...
Proximagen Neuroscience is looking to acquire companies or products to expand its pipeline beyond Parkinson's disease. Kenneth Mulvany , Proximagen's CEO, told Scrip in a recent interview that the ...
BTG , the UK's largest speciality pharmaceutical company, has bounced back from a recent dip in its share price, and has set its sights on becoming the next Shire . Earlier this month, BTG's stock ...
 
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