Irish pharmaceutical giant Allergan has announced its acquisition of Bonti, a U.S.-based aesthetic company specializing in fast-acting neurotoxin programs for aesthetic and therapeutic applications. The transaction, valued at $195 million, aims to solidify Allergan’s position as a leader in the expanding medical aesthetics market. Key Deal Terms and Future Payments Under the terms of the […]
Irish biopharmaceutical company Alkermes has announced an expansion of its ongoing Phase 1 trial to evaluate the safety and anti-tumor activity of its immuno-oncology drug ALKS 4230 in combination with Merck’s PD-1 inhibitor KEYTRUDA (pembrolizumab). This trial aims to explore the potential of this combination therapy in treating advanced solid tumors. ALKS 4230 is an […]
British specialist healthcare company BTG has acquired Irish medical device company Novate Medical in a deal that could go up to $150 million. Headquartered in Galway, Novate Medical is focused on developing pulmonary embolism treatment devices for patients who are at high risk of venous thromboembolic events. On the other hand, the London-based BTG develops, […]
Food acquisition news : Nomad Foods, a UK-based frozen foods company has completed its previously announced €228 million acquisition of Ireland-based Green Isle Foods (Goodfella’s Pizza), which is the frozen pizza businesses of Boparan Holdings. The sale proceeds is expected to help Chicken King Ranjit Boparan’s Boparan Holdings, the owner of UK poultry producer 2 […]
Takeda Pharmaceutical, a major Japanese pharmaceutical company, has made a $62 billion offer to acquire Shire, an Ireland-based leader in rare disease treatments. This proposal, Takeda’s fourth attempt to purchase Shire, comes after Shire had previously rejected three offers, citing undervaluation of its business and future growth prospects. Escalation in Acquisition Offers The latest bid […]
In a strategic move to expand its global presence, French pharmaceutical giant Servier Laboratories has announced a $2.4 billion all-cash acquisition of the oncology business from Irish biotech company Shire. This significant transaction positions Servier to substantially increase its oncology portfolio and establish a direct commercial presence in the United States, the world’s largest biopharmaceutical […]
Food acquisition news : Nomad Foods, a British Virgin Islands-based packaged foods company has struck a €225 million deal to buy the frozen pizza businesses of Boparan Holdings’ Irish firm Green Isle Foods (Goodfella’s Pizza). Boparan Holdings, owned by Chicken King Ranjit Boparan, is the parent company of UK poultry producer 2 Sisters Food Group. It […]
Allergan, globally recognized for its Botox cosmetic injections, has revealed plans to eliminate more than 1,000 jobs across its operations. This move is part of a broader cost-cutting measure aimed at restructuring the company’s workforce in response to significant market challenges. The announcement was made through a filing with the U.S. Securities and Exchange Commission. […]
Food acquisition news : Finland-based Raisio has struck a deal to sell its confectionery business for EUR 77 million to Valeo Foods, an Irish producer of branded food and beverage products. The transaction is being done by Raisio to focus on its well-being brands. As part of it, Valeo Foods will be acquiring six confectionery […]