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August 19, 2024
by info@virtueinsight.comNews

Mankind Pharma acquires Bharat Serums and Vaccines for $1.6bn

  Mankind Pharma has announced a definitive agreement for the acquisition of a 100% stake in Bharat Serums and Vaccines (BSV) from private equity investor Advent International in a Rs136.3bn ($1.6bn) deal. The move bolsters Mankind Pharma’s position in the Indian women’s...
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August 19, 2024
by info@virtueinsight.comNews

Eli Lilly inaugurates R&D facility in Boston

Eli Lilly and Company has opened the Lilly Seaport Innovation Center (LSC), a research and development (R&D) hub in the Seaport district of Boston, US. The centre is set to progress the company’s work on RNA and DNA-based therapies and discover new drug targets for...
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August 19, 2024
by info@virtueinsight.comNews

Boehringer Ingelheim acquires Nerio Therapeutics for $1.3bn

  Boehringer Ingelheim has acquired drug discovery and development company Nerio Therapeutics in a $1.3bn deal. Nerio’s small molecules inhibit the protein tyrosine phosphatases N1 and N2 (PTPN1 and PTPN2), which act as immune checkpoints. Through this mechanism, PTPN1/2...
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August 19, 2024
by info@virtueinsight.comNews

Biogen completes $1.15bn HI-Bio acquisition to expand immunology presence

Biogen has completed the acquisition of Human Immunology Biosciences (HI-Bio), a privately-held clinical-stage biotechnology company focused on targeted therapies for patients with severe immune-mediated diseases (IMDs). “We are very excited about the addition of felzartamab into our...
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