Topic:

M&A

Latest Headlines

Latest Headlines

Tobira eyes Wall Street with Regado merger, targeting NASH

Tobira Therapeutics, moving on from a failed IPO of its own, is plotting a merger with the struggling Regado Biosciences, a deal that would get it on the public market as it develops a treatment for liver disease.

Shire's deal for NPS hasn't curbed its M&A appetite

Shire's M&A wheelhouse is still churning after its $5.2 billion buyout of NPS Pharmaceuticals. CEO Flemming Ornskov told Bloomberg that the Dublin-based company's recent acquisition won't prevent it from making more deals in the future--especially where rare disease drugs are concerned.

Is once-skeptical J&J coming around on pharma's breakup craze?

SAN FRANCISCO-- Johnson & Johnson has been pretty quiet over the past couple of years as it's watched its Big Pharma peers slim down like there's no tomorrow. But now, it seems the pharma giant may be coming around to the idea--or so CEO Alex Gorsky said Monday at the JP Morgan Healthcare Conference.

Roche bets $1.2B on Foundation Medicine with deal for majority stake

Roche is throwing the full weight of its global rep and more than $1 billion behind Foundation Medicine's ambitious sequencing technology, designed to tailor cancer treatment to particular patients and guide development of new cancer drugs.

While pharma feasts on M&A, Teva has yet to pick up a fork

Since taking the helm at Teva early last year, CEO Erez Vigodman has expressed interest in bolstering several areas, including emerging markets, biosimilars and complex generics. But so far, he hasn't inked any deals to help his company do it, and judging where his competitors now stand after a feverish year of pharma M&A, it's high time to change that, analysts say.

AmerisourceBergen storms into animal health with $2.5B purchase of MWI

Rapidly expanding drug wholesaler AmerisourceBergen said Monday it plans to acquire MWI Veterinary Supply for $2.5 billion, or $190 a share--a rich 8% premium over its closing price Friday and 17% higher than MWI's average closing price over the last three months. The companies expect to close the deal during the March quarter.

WuXi buys NextCODE for $65M to add analytics platform to genomics strategy

NextCODE has made a sharp exit. Just 15 months after some ex-deCode Genetics executives struck a deal with Amgen to create NextCODE, Chinese CRO WuXi PharmaTech has bought the genomic analysis startup for $65 million in cash.

Biogen Idec grabs Convergence, neuropathic pain portfolio in $675M buyout

Back last summer the U.K.'s Convergence Pharmaceuticals, a spinout from GlaxoSmithKline, was feeling bullish about its prospects after it wrapped up a positive mid-stage study of its lead drug for neuropathic pain. But rather than take the risky step of mounting an IPO--still a tough prospect in the U.K.--Convergence instead opted to sell to Biogen Idec, which is using the acquisition to beef up its pipeline in the field.

UPDATED: Shire CEO extends deal drive with $5.2B NPS Pharma buyout

Shire has snapped up NPS Pharmaceuticals for $5.2 billion, in a deal aimed at beefing up its rare disease portfolio.

UPDATED: Shire nabs NPS's rare disease drug portfolio in $5.2B buyout

Shire has struck a deal to buy NPS Pharma and its rare disease drug portfolio for $46 a share, or $5.2 billion, making headlines for its go-it-alone strategy on the eve of the big JP Morgan conference in San Francisco.