Latest Headlines

Latest Headlines

Shire's Ornskov signals a pause in dealmaking after a $50B buyout streak

Shire, awaiting the close of its $32 billion merger with Baxalta, is planning to move away from its penchant for acquisitions and focus on developing and launching products, CEO Flemming Ornskov said.

With Baxalta in hand, Shire's not looking to buy. But sell? Maybe

Shire's been somewhat of an M&A machine as of late, making a string of deals that most recently included its largest-ever, Baxalta. But it's an old standby that helped the company beat analyst estimates for Q4.

Chinese CRO Pharmaron acquires U.K.-based Quotient Bioresearch

Beijing, China-based contract research organization Pharmaron has snapped up fellow CRO Quotient Bioresearch as it looks to broaden its reach both technically and geographically.

Mylan snags Meda, advances its OTC ambitions, with $7.2B deal

Mylan Chairman Robert Coury knows rejection but also the value of persistence. Four months after being spurned by Perrigo shareholders, he has a $7.2 billion deal to buy Sweden's Meda, a company that two years ago rejected an earlier Mylan proposal.

Pending Allergan merger stirs layoff fears among Pfizer scientists

Pfizer's planned $160 billion merger with Allergan has some researchers worried the company will embrace its counterpart's austere approach to R&D and mount major layoffs.

Astellas finally wraps up its $379M deal for Ocata

After months of agitating and activism from miffed shareholders, Astellas has finally convinced the majority of Ocata Therapeutics investors to accept its $8.50-a-share offer, ending a surprisingly protracted process for the Japanese drugmaker.

Hikma slashes $535M from offer price for Boehringer's U.S. generics biz

Hikma Pharmaceuticals said last year that it would shell out more than $1 billion for Boehringer Ingelheim's U.S.-based generics business, Roxane Labs, to gain ground in noninjectable generics. But now, Hikma is slashing its offer price for the deal after catching wind of Roxane's disappointing 2015 sales.

Are the big M&A players in biopharma waiting out the bear market?

One of the market themes that emerged in 2015 was that marquee biotech players could get a boost out of a high-profile acquisition--just as Big Pharmas remained aloof to the ever-rising, jaw-dropping price tags tied to drug pipelines after a three-year bull market. Now, though, with industry share prices in a savage spiral, some top execs in the industry voted most likely to ink new deals are adopting a wary attitude as they wait for the dust to settle.

With PAH at its peak, Actelion looks to new disease areas for growth

Actelion, the standard bearer in treatments for pulmonary arterial hypertension, is scouting for new disease areas as it rolls out its next potential blockbuster, hoping to keep up its pace of growth by pivoting away from its home base.

Growing interest in stroke-treatment devices highlighted by Abbott's latest deal

Abbott's just-announced acquisition of ablation catheter player Kalila Medical reflects the growing adoption of interventional electrophysiology and other devices to treat atrial fibrillation and stroke.