Sanofi on Thursday announced an agreement with biopharmaceutical company Dren Bio for the acquisition of its autoimmune disease treatment DR-0201. The French healthcare group will acquire the Dren Bio affiliate Dren...
Sun Pharma gains as arm acquires Antibe Therapeutics for $4.5 Million
Sun Pharmaceutical Industries rose 1.14% to Rs 1,725.55 after its subsidiary, TARO Pharmaceuticals Inc., completed the 100% acquisition of Antibe Therapeutics Inc. of Canada for a total consideration of $4.5 million...
Big pharma mergers unlikely in near future: Dr Reddy’s MD GV Prasad
GV Prasad, co-chairman and managing director, Dr Reddy’s Laboratories, says large mergers and acquisitions in the Indian pharmaceutical market are unlikely in the near future due to various uncertainties. With...
Strides Pharma gains 3% as Singapore arm acquires 100% stake in Amexel Pte
Strides Pharma shares gained 2.8 per cent on BSE, logging an intraday high at Rs 603 per share in Tuesday’s trade. The buying interest sparked after the company arm Strides Pharma Global proposed to acquire 100...
Senores Pharma up 4% as board approves acquisition of 3.73% stake in Havix
Senores Pharma shares rose 3.7 per cent on BSE, logging an intraday high at Rs 572 per share. The stock was in demand after board approved the acquisition of 8,454 shares of Havix which aggregates to 3.73 per cent...
Drugmakers Mallinckrodt, Endo in talks to merge, source says
Mallinckrodt and Endo are exploring a potential merger that could be valued at about $7 billion, person familiar with the matter told Reuters on Wednesday. A deal could likely be announced as soon as Thursday, the...
Syngene International shares in focus on acquiring first US biologics facility for $36.5 million
Shares of Syngene International will be in focus on Tuesday after the company announced that it acquired its first biologics facility in the United States from Emergent Manufacturing Operations Baltimore, a unit of...
Sun Pharmaceuticals to acquire Checkpoint Therapeutics for $355 mn
Sun Pharmaceuticals announced that it is set to acquire Checkpoint Therapeutics, an immunotherapy and targeted oncology company, for $355 million. The transaction is expected to be completed in the second calendar...
Senores Pharma to acquire 14 ANDAs from Dr Reddy’s Laboratories
Gujarat-based Senores Pharmaceuticals on Tuesday said it will acquire a basket of 14 Abbreviated New Drug Applications from Dr Reddy’s Laboratories for an undisclosed amount. Senores Pharmaceuticals, Inc, USA, a...
Glenmark acquires Acetylcysteine injection, launches in US market
Glenmark Pharmaceuticals Ltd on Monday said it has acquired generic version of Acetylcysteine injection from Aspen Pharma USA Inc for an undisclosed sum and launched the same in the US market. The acquisition by...
Aurobindo Pharma acquires 80% stake in Tergene Biotech
Aurobindo Pharma has completed the acquisition of 80% stake in Tergene Biotech, a step-down subsidiary of the company and also a joint venture company, held by Auro Vaccines, a wholly owned stepdown subsidiary of the...
Sandoz Family to Sell $2.9 Billion Stake in Novartis
Novartis AG’s Sandoz family is poised to sell a roughly 1.2% stake in the Swiss pharmaceutical group. The Sandoz Family Foundation, through the vehicle Emasan AG, is offering 26.5 million shares via an accelerated...
