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Mon news: AZ obesity pill. 50% of drug shortages last at least 2 years. Pharmas and IRA lawsuit appeals. Novo-Ascendis biobucks deal. Wegovy reduces all-cause hospital admissions. See more on our front page
United Therapeutics signs an agreement with Arena in a deal worth $1.2 billion. It will pay $800 million as upfront payment to Arena and $400 million as potential milestone payments. This is what exactly Arena investors have been looking for. This will be a win-win deal for both the companies...
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On Monday, WSJ reported that Stryker is in talks with Boston Scientific for a potential acquisition. But today, Stryker confirmed that it didn't have any discussion with Boston Scientific. https://news.alphastreet.com/stryker-confirms-that-it-didnt-bid-for-boston-scientific/
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If you ask Sansa Stark from HBO’s Game of Thrones, she’ll tell you the best way to go is to team up with someone strong or risk getting killed. And that’s what happens to most acquisitions in the market nowadays.
Over the past three years or so, we have seen a plethora of deal announcements...
I don't know why Allergan is buying this struggling penny stock company.
I don't think Allergan can do what Repros couldn’t and deliver the safety data that the FDA is looking for.
Texas court says Allergan's Mohawk Tribe patent deal is invalid.
Earlier, Mylan had fired back at rival Allergan's attempt to shield its patent for Restasis.
Texas court says Mohawk Tribe patent deal is not legit.
"The Court has serious concerns about the legitimacy of the tactic that Allergan and the Tribe have employed," Judge William Bryson said in a memorandum opinion accompanying his decision.