Shionogi Buys Qpex Biopharma for $140M, Expands Antimicrobial Pipeline

Shionogi Buys Qpex Biopharma for $140M, Expands Antimicrobial Pipeline

Source: 
BioSpace
snippet: 

Japanese pharma Shionogi has struck a deal to acquire San Diego-based Qpex Biopharma for a potential $140 million, bringing the privately-held company’s novel antimicrobial xeroborbactum into Shionogi’s development pipeline, the companies announced Monday.