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October 5, 2023
by info@virtueinsight.comNews

Sandoz receives European Commission approval for Tyruko, first and only biosimilar of Tysabri

  Sandoz, a global leader in generic and biosimilar medicines, announced that the European Commission (EC) granted marketing authorization for the first and only biosimilar Tyruko® (natalizumab), developed by Polpharma Biologics. The European approval for Tyruko comes a month...
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October 5, 2023
by info@virtueinsight.comNews

Italy’s Alfasigma to acquire Intercept Pharmaceuticals for $794m

  Italian company Alfasigma has signed a definitive agreement for the acquisition of all issued and outstanding shares in Intercept Pharmaceuticals. Alfasigma will pay $19 for each share of Intercept. The acquisition will help boost Alfasigma’s gastroenterology and hepatology...
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September 6, 2023
by info@virtueinsight.comNews

Otsuka Pharmaceutical to Acquire Mindset Pharma

  Otsuka Pharmaceutical Co., Ltd. (Otsuka) and Mindset Pharma, Inc. (Mindset) announce that they have entered into a definitive arrangement agreement pursuant to which Otsuka will acquire Mindset for approximately CAD 80 million in an all-cash transaction. The Otsuka and Mindset...
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September 6, 2023
by info@virtueinsight.comNews

Danaher agrees to acquire UK’s Abcam for $5.7bn

  Global science and technology provider Danaher has signed a definitive agreement for the acquisition of all outstanding stakes in UK-based protein consumables supplier Abcam in a deal valued at $5.7bn. Under the terms of the agreement, Danaher will acquire all the outstanding...
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September 6, 2023
by info@virtueinsight.comNews

Bruker to buy PhenomeX for $108M

    Scientific instruments maker Bruker has agreed to buy PhenomeX for about $108 million, marking its entry into the market for functional single-cell biology research systems. PhenomeX supplies an analysis platform that enables researchers to characterize tens of...
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September 6, 2023
by info@virtueinsight.comNews

Revolution Medicines, Inc. to Acquire EQRx, Inc.

  Revolution Medicines, Inc.  a clinical-stage oncology company developing targeted therapies for RAS-addicted cancers, and EQRx, Inc. today announced a definitive agreement through which Revolution Medicines plans to acquire EQRx in an all-stock transaction intended to add more...
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August 7, 2023
by info@virtueinsight.comNews

BioNTech Finalizes Acquisition of InstaDeep for $549M

  BioNTech has officially completed the acquisition of InstaDeep Ltd.—a technology company in the artificial intelligence (AI) and machine learning (ML) space— for approximately $549 million.  The takeover follows a collaboration between the two parties since 2019 and an equity...
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August 7, 2023
by info@virtueinsight.comNews

Biogen to Buy Reata for $7.3 Billion in Rare-Disease Deal

Biogen agreed to give $172.50 per share in cash to Reata, accompanied by term debt issuance. The transaction will close in the fourth quarter of 2023. Biogen’s president and chief executive officer, Christopher Viehbacher, said the company believes it has the foundation in place to...
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August 7, 2023
by info@virtueinsight.comNews

Carmell to merge with regenerative medicine company Axolotl

    Regenerative medicine company, Carmell Therapeutics, announced the execution of a definitive agreement and plan of merger (the “Merger Agreement”) with Flagstaff-based Axolotl Biologix. Axolotl develops, designs, and sells products that are human amnion-based, for...
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August 7, 2023
by info@virtueinsight.comNews

Quince Therapeutics To Acquire EryDel

    Quince Therapeutics (Nasdaq: QNCX) in its agreement to acquire EryDel SpA in a stock-for-stock upfront exchange and potential downstream milestone cash payments. Quince Therapeutics is a biotechnology company focused on acquiring, developing, and commercializing...
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