Avid Bioservices to exit public market with GHO and Ampersand buyout

Pallavi Madhiraju- November 9, 2024

In a transformative shift within the biopharmaceutical manufacturing sector, Avid Bioservices, a premier biologics contract development and manufacturing organization (CDMO), has announced its agreement to ... Read More

Ascentage Pharma receives $100m payment from Takeda under exclusive option agreement

Pallavi Madhiraju- July 4, 2024

Ascentage Pharma, a leading global biopharmaceutical company specializing in novel therapies for cancer and other serious diseases, has announced the receipt of a US$100 million ... Read More

Ovid Therapeutics announces significant workforce reduction to extend cash runway

Pallavi Madhiraju- June 29, 2024

Ovid Therapeutics Inc., a New York-based biopharmaceutical company, has announced a significant reduction in its workforce. This decision, approved by the Board of Directors on ... Read More

Cycle Pharmaceuticals proposes $466m acquisition of Vanda Pharmaceuticals

Pallavi Madhiraju- June 8, 2024

In a significant development within the pharmaceutical industry, UK-based Cycle Pharmaceuticals has offered to acquire Nasdaq-listed Vanda Pharmaceuticals in an all-cash transaction valued at $466 ... Read More

Roche to strengthen gene therapy portfolio with Spark Therapeutics acquisition

pharmanewsdaily- March 31, 2019

Swiss pharmaceutical giant Roche has reached a major agreement to acquire the U.S.-based gene therapy company Spark Therapeutics in an all-cash deal valued at $4.3 ... Read More

PTC Therapeutics completes $200m acquisition of Agilis Biotherapeutics to expand gene therapy portfolio

pharmanewsdaily- August 25, 2018

In a major strategic move, US biopharmaceutical company PTC Therapeutics has finalized its acquisition of Agilis Biotherapeutics, a biotech firm specializing in the development of ... Read More