July 26, 2022
Via: PMLiVEUpon closing of the transaction, a newly formed holding company, NewAmsterdam Pharma Company NV, will be led by Michael Davidson, chief executive officer of the company. The Dutch biotech will receive approximately $235m from a private placement led by Frazier […]
July 8, 2022
Via: Biopharma DiveMergers and acquisitions in the pharmaceutical industry were more abundant in the second quarter than during the same period in years’ past, an uptick in activity that could help the sector rebound from a historic downturn. Between April and June, […]
Industry, Mergers and Acquisitions, Pharma, Vaccines
July 7, 2022
Via: PharmaphorumWhen COVID-19 first emerged, scientists cautioned that developing an effective and safe vaccine could take longer than the commonly estimated figure of a year. The reason for the caution was that the previous quickest turnaround of a vaccine was for […]
May 16, 2022
Via: Biopharm InternationalPfizer announced its $11.7 billion acquisition of Biohaven Pharmaceuticals, a clinical-stage biopharmaceutical company, on May 10, 2022. This acquisition will grant Pfizer the rights to rimegepant, a dual-acting migraine therapy approved in the United States for acute treatment and episodic […]
May 10, 2022
Via: Contract PharmaPfizer and Biohaven Pharmaceuticals have entered into an agreement under which Pfizer will acquire Biohaven, the maker of NURTEC ODT, a dual-acting migraine therapy approved for both acute treatment and episodic prevention of migraine in adults. Pfizer will pay approximately […]
April 20, 2022
Via: Contract PharmaRegeneron Pharmaceuticals, Inc. entered an agreement to acquire Checkmate Pharmaceuticals, Inc., a clinical stage biopharma company focused on technology to harness the immune system to combat cancer, for approximately $250 million in cash. Checkmate’s lead investigational candidate is vidutolimod, an […]
March 22, 2022
Via: Contract PharmaFujifilm Irvine Scientific, a provider of development and manufacturing of serum-free and chemically defined cell culture media for life science research, bioproduction and cell therapy manufacturing, will acquire Shenandoah Biotechnology, a manufacturer of recombinant proteins. Terms were not disclosed. Shenandoah […]
January 11, 2022
Via: Biopharm InternationalPfizer and Acuitas Therapeutics, a company focused on developing lipid nanoparticle (LNP) delivery systems to enable messenger RNA (mRNA)-based therapeutics, have entered into a development and option agreement under which Pfizer will have the option to license, on a non-exclusive […]
December 1, 2021
Via: FiercePharmaMerger and acquisition activity has been rather slow in the biopharma industry so far this year. But, by one team of analysts’ calculations, large drugmakers will have big piles of cash to deploy in 2022. Eighteen large-cap U.S. and European […]
Mergers and Acquisitions, News
November 3, 2021
Via: Genetic Engineering and Biotechnology NewsNovartis will partner with Dunad Therapeutics to develop oral covalent and protein degrading small molecule drugs for undisclosed diseases, through a collaboration that could generate more than $1.3 billion for the year-old developer of next-generation targeted protein degradation therapies—and revive […]
October 14, 2021
Via: FiercePharmaAceto continued its aggressive expansion plans with the acquisition of A&C Bio Buffer, marking the company’s sixth acquisition in under a year. A&C Bio, which is based in Limerick, Ireland, produces biological buffers, process solutions, cleaning solutions and chemical blends […]
September 30, 2021
Via: Genetic Engineering and Biotechnology NewsMerck & Co. has agreed to acquire Acceleron Pharma for $11.5 billion, the companies said today, in a deal designed to bolster the buyer’s cardiovascular and blood drug portfolios with a Phase III pulmonary arterial hypertension (PAH)drug and a marketed […]
September 29, 2021
Via: FierceBiotechAstraZeneca is continuing to build out its rare disease pipeline, pulling the trigger on an option to buy Caelum Biosciences that it picked up in its takeover of Alexion. The buyout gives AstraZeneca control of a phase 3 treatment for […]
September 22, 2021
Via: European Pharmaceutical ReviewNovartis have announced that it has acquired Arctos Medical, adding a pre-clinical optogenetics-based Adeno-associated viruses (AAV) gene therapy programme and Arctos’ proprietary technology to its ophthalmology portfolio. The acquisition aims to more efficiently develop treatments for patients with vision loss […]
September 10, 2021
Via: PMLiVEBoehringer Ingelheim will use the same concept in a new research collaboration with San Francisco-based Twist Bioscience, harnessing its antibody libraries to discover therapeutic antibodies that work against a range of BI targets. Twist’s ability to manufacture DNA at scale […]
September 8, 2021
Via: PMLiVEThe deal with see Adaptimmune receive $150m upfront, another $150m over the next five years and then milestone payments potentially exceeding $3bn in aggregate sales, as well as royalties. Unlike other leaders in next-generation cell therapies, the partners will use […]
August 23, 2021
Via: FierceBiotechBiotechs targeting the “don’t eat me” signal cancer cells use to avoid the immune system are getting gobbled up. Pfizer is the latest company to buy its way into the space, splashing out $2.3 billion to acquire Trillium Therapeutics for […]
August 13, 2021
Via: Biopharm InternationalOn Aug 12, 2021, Lykan Bioscience, a US-based contract development and manufacturing organization (CDMO) focused on cell-based therapies, and Vineti, a US-based enterprise software platform company, announced a partnership that will combine Lykan’s purpose-built, multi-product cell therapy manufacturing facility located […]
July 28, 2021
Via: FierceBiotechJust two months after getting a swift approval for its closely watched KRAS lung cancer drug Lumakras, Amgen is not resting on its laurels and has penned a major new buyout deal to further boost its oncology pipeline. The biopharma […]
July 27, 2021
Via: PharmaphorumAZ’s buy into the programme comes a few weeks after Regeneron published findings in the journal Science suggesting that people with certain GPR75 mutations have 54% reduced risk of obesity, based on sequencing data from almost 650,000 people in the […]