Category: Europe

January 6, 2017 Off

GHG wraps up ABC Pharmacy buy

By Dino Mustafić

Georgia Healthcare Group (GHG) has finished all the paperwork in connection with buying the fourth largest pharmaceutical retailer in Georgia, ABC Pharmacia (ABC).

January 5, 2017 Off

Lilly mixes managers, reduces U.S. staff due to Solanezumab test fail

By Dino Mustafić

Eli Lilly begins new year with reorganizing its leadership structure to pursue better growth opportunities in the upcoming years. The Chief Executive Officer of Lilly, David A. Ricks, who’s new position is also one among the latest promotions, said that the changes made to pharmaceutical therapeutics and geographic business should simplify and maximize the company’s late-stage pipeline and new drugs, as well as to improve productivity.

December 30, 2016 Off

Corporate makeovers drive corporate takeovers in 2016 M&A bonanza

By Dino Mustafić

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.