Sunlenca FDA approval : Gilead Sciences has secured the approval of the US Food and Drug Administration (FDA) for Sunlenca (lenacapavir), in combination with other antiretroviral(s), for the treatment of human immunodeficiency virus type 1 (HIV-1). Sunlenca, a human immunodeficiency virus type 1 (HIV-1) capsid inhibitor, in combination with other antiretroviral(s), is indicated for the […]
Actemra FDA approval : Genentech, a subsidiary of Roche, has received the approval of the US Food and Drug Administration (FDA) for Actemra (tocilizumab) intravenous (IV) for the treatment of COVID-19. Actemra intravenous is indicated for the treatment of adult patients who are hospitalized and receiving systemic corticosteroids and supplemental oxygen. Recommended for use as […]
The US Food and Drug Administration (FDA) has cleared Abiomed to use the company’s version of Impella ECP pivotal heart pump in pivotal clinical trial. The Impella ECP pivotal clinical trial is a single-arm, prospective, and multi-center trial and has enrolled the first two patients. The clinical trial will assess the rate of major adverse […]
Europe’s lottery operator Allwyn will acquire the Camelot Lottery Solutions Group (Camelot LS Group), an affiliate of Camelot UK Lotteries, from the Ontario Teachers’ Pension Plan Board for an undisclosed amount. The Chicago-headquartered Camelot LS Group, through its operating company Camelot Illinois, runs the Illinois Lottery under a private management agreement and partners with the […]
Seadrill, a Bermuda-incorporated offshore drilling contractor, will acquire offshore rig owner Aquadrill in an all-stock transaction valued at an implied equity value of around $958 million. Post-closing, Seadrill stakeholders will own 62% and Aquadrill unitholders will hold 38% of the outstanding common shares in the combined entity. Aquadrill is a UK-based limited liability company that […]
Arthur J Gallagher & Co. (Gallagher) has agreed to acquire the partnership interests of BCHR Holdings (doing business as Buck) and its subsidiaries, for $660 million. The agreement adds bSuite, a software platform for benefits administration and employee engagement, to Gallagher’s broad suite of professional services. The transaction is expected to increase Gallagher’s value proposition […]
Berkeley Lights, a US-based life sciences tools company, will acquire IsoPlexis, a Nasdaq-listed biotechnology company, in an all-stock deal worth $57.8 million. IsoPlexis empowers labs to leverage the cells and proteome changing the course of human health. The transaction is anticipated to form a major functional cell biology company called PhenomeX to offer live cell […]
Norwegian state-owned multinational energy company Equinor along with Aker BP will invest approximately NOK 46 billion ($4.65 billion) to develop and operate the Krafla oil and gas field in the North Sea, which was proven in 2011. To this effect, the companies have submitted a plan for development and operation (PDO) of the Krafla oil […]
Reliance Retail Ventures, an arm of Reliance Industries, will acquire Metro Cash & Carry India (Metro India), a wholly-owned subsidiary of Germany-based Metro AG, for Rs 2,850 crore, to further strengthen its new commerce business. The acquisition will also increase Reliance Retail’s store footprint across India with the addition of Metro India’s multi-category large format […]
Mid Penn Bancorp, the parent company of Mid Penn Bank, has agreed to acquire Brunswick Bancorp, a holding company of Brunswick Bank & Trust, in a cash and stock deal valued at around $53.9 million, to expand its footprint into the central New Jersey market. As part of the agreement, half of Brunswick Bancorp’s common […]