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Tag: supplychainsecurity

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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October 5, 2023
by info@virtueinsight.comNews

Valo Health bags $2.7bn AI partnership with Novo Nordisk

  The Danish drug maker plans to pay up to $2.7bn to Flagship Pioneering-incubated Valo Health for its AI-enabled small molecule discovery and human genetic data platform. Novo Nordisk gets a license to three preclinical-stage cardiovascular disease programmes from Valo Health...
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October 5, 2023
by info@virtueinsight.comNews

Sandoz gains exclusive commercialization rights to biosimilar SB17 ustekinumab in Samsung deal

  Sandoz, a global leader in generic and biosimilar medicines, announced that it has entered into a development and commercialization agreement with Samsung Bioepis. The agreement provides Sandoz with the exclusive rights to commercialize the biosimilar SB17 ustekinumab in the...
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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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