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Tag: biosimilars

January 6, 2024
by info@virtueinsight.comNews

Bristol Myers Squibb Adds Premier Radiopharmaceutical Platform with Acquisition of RayzeBio

Bristol Myers Squibb had announced a definitive merger agreement under that it will acquire RayzeBio for $62.50 per share in cash, for a total equity value of approximately $4.1 billion, or $3.6 billion net of estimated cash acquired. The transaction was unanimously approved by both...
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November 30, 2023
by info@virtueinsight.comNews

Forge Biologics to be Acquired for $620m by Ajinomoto

Ajinomoto has signed a definitive agreement for the acquisition of contract development and manufacturing organisation and clinical-stage therapeutics company Forge Biologics in an all-cash transaction totalling $620m. The prospective takeover is part of Ajinomoto’s strategy to...
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November 30, 2023
by info@virtueinsight.comNews

Bristol-Myers Squibb to acquire Mirati in up to $5.8 billion deal

Bristol Myers Squibb (BMS) has signed a definitive agreement for the acquisition of all of outstanding shares of Mirati Therapeutics in a $5.8bn deal. The company plans to buy Mirati for $58 for each share in cash, representing an equity value of $4.8bn. Mirati shareholders will also...
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November 30, 2023
by info@virtueinsight.comNews

Eli Lilly to acquire cancer specialist Point Biopharma in deal worth $1.4bn

Eli Lilly and Company has signed a definitive agreement for the acquisition of all outstanding shares of radiopharmaceutical company POINT Biopharma for an all-in cash price of $1.4bn. Lilly offered $12.5 for each share of POINT. POINT’s pipeline comprises radioligand cancer...
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November 30, 2023
by info@virtueinsight.comNews

Syncona to acquire biotechnology company Freeline Therapeutics

Freeline Therapeutics Holdings plc (Nasdaq: FRLN) today announced that it has entered into a definitive agreement with a newly established portfolio company of Syncona Ltd (LON: SYNC), a leading life science investor focused on creating, building and scaling global leaders in life...
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