Novartis acquires kidney disease innovator Chinook Therapeutics

Pallavi Madhiraju- August 14, 2023 0

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

Pallavi Madhiraju- August 11, 2023 0

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

Pallavi Madhiraju- July 30, 2023 0

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

Pallavi Madhiraju- July 30, 2023 0

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

Pallavi Madhiraju- July 29, 2023 0

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

Pallavi Madhiraju- July 23, 2023 0

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

Novartis acquires biotech firm DTx Pharma to gain access to FALCON platform

Pallavi Madhiraju- July 17, 2023 0

Swiss pharmaceutical giant Novartis has acquired DTx Pharma, a preclinical stage biotechnology company based in California renowned for its Fatty Acid Ligand Conjugated OligoNucleotide (FALCON) ... Read More

Lilly to acquire clinical-stage biopharma company Versanis Bio

Pallavi Madhiraju- July 14, 2023 0

American pharma giant Eli Lilly and Company (Lilly) and Versanis Bio have announced a definitive agreement in which the former will acquire the privately-held clinical-stage ... Read More

Bausch + Lomb to acquire dry eye disease medication XIIDRA from Novartis

Pallavi Madhiraju- July 1, 2023 0

Bausch + Lomb has reached a definitive agreement with Novartis to acquire the non-steroid eye drop XIIDRA (lifitegrast ophthalmic solution) 5%, known for treating dry ... Read More

Lilly to transform chronic disease management with Sigilon Therapeutics acquisition

Pallavi Madhiraju- June 30, 2023 0

Pharmaceutical giant Eli Lilly and Company (Lilly) has announced its definitive agreement to acquire Nasdaq-listed biopharma innovator Sigilon Therapeutics, in a move set to significantly ... Read More