January 3, 2017
Shire enters new year with new non-executive director
Shire has entered a new year with a new non-executive director, as it has appointed Ian Clark to the board. His new duties started immediately.
Pharmaceuticals, Biotechnology and Life Sciences
Category: Business
December 30, 2016
Corporate makeovers drive corporate takeovers in 2016 M&A bonanza
In 2016, mega deals became ever more transformative.
German drug and crop chemical maker Bayer AG announced its $66 billion takeover of U.S. agrochemicals company Monsanto Co, while ChemChina signed a $43 billion acquisition of Swiss seeds group Syngenta AG, as consolidation in the sector intensified.
December 30, 2016
Eurofins buys another research company in Spain
Analytical company Eurofins Scientific has broadened its testing facilities in Spain, as it is about to buy a Spanish pharmaceutical company Villapharma Research SL.
December 28, 2016
Sanofi sues Novo Nordisk over diabetes drug in the U.S.
France’s Sanofi has filed a lawsuit in the United States accusing Novo Nordisk of falsely claiming that Sanofi insulin drugs would no longer be available for many U.S. patients so it could promote its competing drug.
December 23, 2016
Cardinal Health in $10 million U.S. settlement over painkiller orders
A drug distributor owned by Cardinal Health Inc has agreed to pay $10 million to resolve claims that it failed to alert the U.S. Drug Enforcement Administration to suspicious orders of addictive painkillers by New York-area pharmacies.
December 23, 2016
Israeli’s largest drugmaker Teva agrees to pay U.S. government $519M over foreign bribery charges
Israeil’s largest drugmaker Teva Pharmaceuticals Industries has settled with the United States government over international bribery of government officials in…
December 23, 2016
AstraZeneca, Pfizer complete more than a billion dollars worth antibiotics sale agreement
AstraZeneca has sold to Pfizer the commercialization and development rights of its late-stage small molecule antibiotics business, comprising the approved antibiotics Merrem, Zinforo and Zavicefta, and ATM-AVI and CXL, which are in clinical development.
December 23, 2016
Xbrane names new strategic advisor, aims to boost its leading products
Xbrane Biopharma has named Anders P. Wiklund as strategic advisor. He presently serves on the boards of EffRx Pharmaceuticals SA, Inspirion Delivery Technologies LLC, Life Medical AB and IRRAS AB.
December 23, 2016
FMR LLC shareholding in Ablynx slightly increases
Ablynx has received a notification of shareholdings from FMR LLC, according to which its stake in Ablynx has slightly increased.
December 22, 2016
Biocartis submits 510(k) to FDA, expands European hospitals deal with Amgen
Biocartis has today strenghten its collaboration with two companies; J&J’s Jansen and Amgen, as it has submitted 510(k) its diagnostics…