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Tag: pharmaindustry

July 4, 2024
by info@virtueinsight.comNews

EQT Acquires Majority Stake in CluePoints

EQT is pleased to announce that the EQT Healthcare Growth Strategy and the EQT Growth Fund have agreed to acquire a majority stake in CluePoints  with meaningful reinvestment from the management team and existing shareholders Summit Partners and Clinimetrics SA, which was also a...
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May 13, 2024
by info@virtueinsight.comNews

AstraZeneca Withdraws Covid-19 Vaccine Worldwide

Anglo-Swedish drugmaker AstraZeneca  on Wednesday announced the global withdrawal of its Covid-19 vaccine Vaxzevria. Demand for AstraZeneca’s Vaxzevria vaccine began tapering off as new vaccines tailored to specific Covid variants have emerged, the pharmaceutical company said in a...
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May 13, 2024
by info@virtueinsight.comNews

AbbVie to buy Landos Biopharma for up to $212M

  AbbVie Inc. and Landos Biopharma, Inc.  had announced a definitive agreement under which AbbVie will acquire Landos, a clinical stage biopharmaceutical company focused on the development of novel, oral therapeutics for patients with autoimmune diseases. Landos’ lead...
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May 13, 2024
by info@virtueinsight.comNews

Deciphera Pharmaceuticals to be Acquired by ONO Pharmaceutical For $2.4 Billion

ONO Pharmaceutical and Deciphera Pharmaceuticals had announced that on April 29, 2024 ,ONO and Deciphera entered into a definitive merger agreement under which ONO will acquire all outstanding shares of Deciphera common stock for US $ 25.60 per share in cash through a tender offer...
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May 9, 2024
by info@virtueinsight.comNews

Lilly Acquires New Injectable Medicine Manufacturing Facility from Nexus Pharmaceuticals

Eli Lilly and Company  and Nexus Pharmaceuticals, today announced a definitive agreement for Lilly to acquire a manufacturing facility from Nexus, a leading sterile manufacturer in the pharmaceutical industry. “The acquisition of this state-of-the-art facility underscores our...
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May 9, 2024
by info@virtueinsight.comNews

AstraZeneca Withdraws Covid-19 Vaccine Worldwide

Anglo-Swedish drugmaker AstraZeneca  on Wednesday announced the global withdrawal of its Covid-19 vaccine Vaxzevria. Demand for AstraZeneca’s Vaxzevria vaccine began tapering off as new vaccines tailored to specific Covid variants have emerged, the pharmaceutical company said in a...
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March 15, 2024
by info@virtueinsight.comNews

Bristol Myers Squibb acquires RayzeBio in $4.1bn deal

US multinational pharmaceutical company Bristol Myers Squibb is to acquire radiological drug developer RayzeBio, Inc. for approximately $4.1bn. Bristol Myers Squibb will acquire RayzeBio for $62.50 per share in cash, representing a premium of 104 percent to the stock’s last close....
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March 15, 2024
by info@virtueinsight.comNews

AstraZeneca completes Icosavax acquisition for $1.1bn

AstraZeneca had announced the successful completion of the acquisition of Icosavax, Inc., a US-based clinical-stage biopharmaceutical company focused on developing differentiated, high-potential vaccines using an innovative, protein virus-like particle (VLP) platform. As a result of...
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March 15, 2024
by info@virtueinsight.comNews

Gilead To Acquire Bio/Pharma Company CymaBay for $4.3 Bn

Gilead has agreed to acquire CymaBay, a Newark, California-based clinical-stage bio/pharmaceutical company, for $4.3 billion. CymaBay’s lead candidate is seladelpar, an oral drug for treating primary biliary cholangitis (PBC), a rare, chronic, cholestatic liver disease. Under the...
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February 8, 2024
by info@virtueinsight.comNews

Kyowa Kirin to acquire Orchard Therapeutics in deal worth $477m

Kyowa Kirin has agreed to acquire gene therapy developer Orchard Therapeutics for up to $477.6 million, to develop several biopharmaceutical candidates in areas including oncology and autoimmune diseases. Under the terms of the agreement, Kyowa will acquire Orchard for $16 per...
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