Novo Holdings, controlling shareholder in drugmaker Novo Nordisk, and Gurnet Point Capital on Thursday closed their acquisition of biopharmaceutical company Paratek Pharmaceuticals in a deal worth $462 million, Novo...
Novo Holdings closes $462 million acquisition of Paratek Pharmaceuticals
Novo Holdings, the controlling shareholder in drugmaker Novo Nordisk, said it had closed its acquisition of biopharmaceutical company Paratek Pharmaceuticals in a deal valued at $462 million. The acquisition of Paratek...
Eiko Lifesciences acquires 25.01% stake in Reflux Pharmaceuticals
Eiko LifeSciences Limited (ELL), announced that it has acquired a 25.01 per cent stake in Reflux Pharmaceuticals Private Limited (RPPL), a pharmaceutical company that specialises in manufacturing and exporting active...
Sun Pharma completes acquisition of Concert Pharmaceuticals
Drug major Sun Pharma said it has completed the acquisition of US-based Concert Pharmaceuticals. In January, the Mumbai-based company inked a pact to acquire Concert in a USD 576 million deal. The drug major has...
CCI clears Abu Dhabi Investment Authority’s minority stake buy in Intas Pharmaceuticals
Anti-trust regulator Competition Commission of India (CCI) cleared Platinum Owl’s acquisition of a minority stake in Intas Pharmaceuticals. The proposed transaction involves a secondary acquisition by Platinum Owl...
Torrent Pharmaceuticals to acquire 100% of Curatio Healthcare for Rs 2,000 crores
Ahmedabad-based Torrent Pharmaceuticals Limited has entered into a definitive agreement to acquire 100% of skincare manufacturer Curatio Healthcare for Rs. 2,000 crores. Skincare product maker- Curatio has a strong...
Pfizer to acquire Arena Pharmaceuticals at 100% premium in $6.7-bn deal
Pfizer Inc. agreed to buy Arena Pharmaceuticals Inc. in a deal valued at about $6.7 billion, gaining potential therapies targeting immuno-inflammatory diseases. The U.S. drugmaker will pay $100 a share in an all-cash...
In talks with multinational pharma cos for acquisition of brands: Bafna pharmaceuticals
Pharmaceuticals formulations major Bafna Pharmaceuticals Ltd was in advanced stage of discussion with some multi-national pharma companies for acquisitions of brands, a company official said. The city-based company...
Global private equity funds in talks to purchase minority stake in BDR Pharmaceuticals
Several global funds are in early stages of discussions to acquire a minority stake in BDR Pharmaceuticals, a mid-size drug manufacturer which has been in the limelight since the start of the Covid-19 pandemic...
Piramal Pharma completes acquisition of Hemmo Pharmaceuticals
Piramal Enterprises on Wednesday said its subsidiary, Piramal Pharma, has completed the acquisition of Hemmo Pharmaceuticals. “Piramal Pharma Ltd has completed the acquisition of Hemmo,” Piramal Enterprises...
Morphosys to acquire Constellation Pharmaceuticals in $1.7 billion deal
Morphosys on Wednesday said it will acquire U.S. cancer specialist Constellation Pharmaceuticals in a $1.7 billion deal that will enable the German biotech firm to add two final-stage cancer drugs to its portfolio...
Suven eyes acquisition of Rising Pharmaceuticals’ assets
Suven Life Sciences has entered into a stalking-horse asset purchase agreement to buy the assets of Aceto Corporation’s Rising Pharmaceuticals and Rising subsidiaries through its joint venture partner Shore Suven...