San Francisco/New York: Pfizer Inc. is close to an agreement to buy Medivation Inc. for about $14 billion, people familiar with the situation said, the latest in a long run of blockbuster deals in the drug and...
Fortis Healthcare approves demerger of diagnostics business
NEW DELHI: Fortis HealthcareBSE -3.27 % Limited announced that its board has approved demerger of its diagnostic business into listed subsidiary Fortis MalarBSE 2.98 % Hospitals through a composite scheme of arrangement...
Strides Shasun completes acquisition of Generic Partners
NEW DELHI: Drug firm Strides Shasun today said it has completed the acquisition of a controlling stake in Australia-based Generic Partners Holdings. “We refer to our press release dated February 08, 2016 on...
Piramal Enterprises to acquire Ash Stevens Inc for more than Rs 350 crore
MUMBAI: Ajay Piramal-promoted Piramal Enterprises said it has acquired United States-based Ash Stevens, a contract development and manufacturing company in an all-cash deal valued at nearly $43 million, in addition to...
NeuroVive says completes 10 pct acquisition of Isomerase Therapeutics
NeuroVive Pharmaceutical AB * NeuroVive completes 10 percent acquisition of Isomerase Therapeutics * Says now completed acquisition includes approximately 5 percent further of shares in Isomerase through a 550 000 GBP...
Mallinckrodt Plc to acquire Stratatech Corporation
Mallinckrodt Plc
* Financial terms of transaction were not disclosed
* Mallinckrodt to acquire Stratatech Corporation Source text for Eikon: Further company coverage:
Recent Articles on M&A
Zydus acquires derma brand Melgain from Issar Pharma
Ahmedabad-headquartered Zydus Group has acquired Melgain brand from Hyderabad based Issar Pharma for an undisclosed sum that would marketed in India by Liva Healthcare, a speciality division of the Group catering to the...
Sunflower Pharmaceutical Group plans 70 percent stake acquisition in Guizhou pharmacy firm
Sunflower Pharmaceutical Group Co Ltd : * Says it signs a letter of intent to buy no less than 70 percent stake in a Guizhou-based pharmacy firm Source text in Chinese: goo.gl/QSQcpX Further company coverage: (Beijing...
Dr Reddy’s completes acquisition of Teva’s US portfolio of 8 products
Pharma major expects some products to add to its top line in 2018; products were being divested by Teva as a condition to close acquisition with Allergan. Dr. Reddy’s announced that it has successfully completed...
Lupin to buy 21 products of Japan’s Shionogi for Rs 1,000 crore
With 21 new brands, Kyowa will rank sixth amongst generic companies in the country. Kyowa Pharmaceutical Industry, drug major Lupin’s Japanese subsidiary, has inked a pact to acquire 21 products from Shionogi...
AbbVie CEO says no longer looking for a big acquisition: Conf Call
(Reuters) – * Abbvie Expects Mid Teen percentage prescription volume growth for Humira: conf call * Abbvie CEO says indirect biosimilar competition for Humira has been as expected in the quarter: conf call *...
Cipla, Aurobindo Pharma acquire products divested by Teva in US
Teva Pharmaceutical Industries indicated that the divestment of overlapping products is expected to generate about $2.9 billion. Hyderabad: Cipla Ltd, India’s fifth largest drug maker, on Thursday announced that it has...
