Tag: Pharma acquisition news

Cipla to acquire Actor Pharma to dominate South African OTC market

businessnewstoday- September 4, 2023

In a strategic move that amplifies its commitment to the Over-The-Counter (OTC) business, Cipla South Africa, a 100% owned subsidiary of Cipla Limited (BSE: 500087; ... Read More

Novo Nordisk acquires Embark Biotech and enters R&D collaboration to advance obesity treatments

businessnewstoday- August 30, 2023

Novo Nordisk, a global leader in healthcare, has acquired Embark Biotech, including its lead metabolic program, in a deal that further strengthens its portfolio in ... Read More

Lilly expands portfolio with $1.9bn acquisition of Versanis Bio

businessnewstoday- August 15, 2023

In a move marking a significant expansion in the biopharmaceutical sector, Eli Lilly and Company (Lilly) has successfully completed the acquisition of Versanis Bio, a ... Read More

Lilly wraps up Sigilon Therapeutics acquisition to amplify Type 1 diabetes research

businessnewstoday- August 15, 2023

Eli Lilly and Company (Lilly) has formally announced the culmination of its $309.6 million takeover of biopharma trailblazer, Sigilon Therapeutics, Inc. (NASDAQ: SGTX). This strategic ... Read More

Novartis acquires kidney disease innovator Chinook Therapeutics

businessnewstoday- August 14, 2023

Swiss pharmaceutical giant Novartis has wrapped up the previously announced $3.5 billion acquisition of Seattle-based biopharmaceutical firm Chinook Therapeutics, Inc. This deal propels Novartis deeper ... Read More

Novo Nordisk to acquire Canadian pharma company Inversago Pharma

businessnewstoday- August 11, 2023

Danish pharma major Novo Nordisk A/S has confirmed its plan to acquire Montreal-based Inversago Pharma. The potential cash deal, reaching up to $1.075 billion, hinges ... Read More

Biogen to expand portfolio with $7.3bn acquisition of Reata Pharmaceuticals

businessnewstoday- July 30, 2023

Biogen Inc. (Nasdaq: BIIB) is set to acquire Reata Pharmaceuticals, Inc. (Nasdaq: RETA) for $172.5 per share in cash, amounting to an enterprise value of ... Read More

Roquette to acquire Qualicaps to boost position in pharma industry

businessnewstoday- July 30, 2023

Roquette, a  supplier of plant-based ingredients and pharmaceutical excipients, is set to acquire Qualicaps, further reinforcing its position within the pharmaceutical industry. The merger of ... Read More

AstraZeneca’s Alexion to boost rare disease commitment with Pfizer’s gene therapy programs

businessnewstoday- July 29, 2023

Alexion, a subdivision of AstraZeneca focusing on rare diseases, has announced its definitive purchase and licensing agreement for a portfolio of preclinical gene therapy programmes ... Read More

Sosei Group acquires Idorsia’s Japanese and Korean pharma units

businessnewstoday- July 23, 2023

Sosei Group Corporation has announced its decision to acquire all shares of Idorsia Pharmaceuticals Japan Ltd ("IPJ") and Idorsia Pharmaceuticals Korea Co., Ltd ("IPK") from ... Read More