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Now a wholly owned division of Roche Holding AG (SWX:ROG), Genentech Inc. (NYSE:DNA) said late Wednesday, April 8, it would withdraw its psoriasis drug Raptiva from the U.S. market because of the threat of a deadly brain infection.The news is the first post-merger setback for Roche, which consummated late...
Posted on April 8, 2009 5:20 PM
U.S. generic and specialty pharmaceutical company, Mylan Inc. (NASDAQ:MYL), acquired a 71.5% stake in India's Matrix Laboratories Ltd. for $736 million in 2006. Now Mylan wants the rest and will pay 150 rupees per share (a total of $133 million), which is a 27% premium to Matrix's March 26 closing...
Posted on March 26, 2009 2:05 PM
Amgen Inc. used to be the acquirer. Now it's the seller. In the latest sign of the times, Amgen said Thursday, it would sell the rights to a clinical-stage painkiller to Johnson & Johnson's Ortho-McNeil-Janssen Pharmaceuticals Inc. for $50 million. That's immediate cash in hand -- something Amgen could...
Posted on August 1, 2008 12:51 PM
All corporate dealmakers face challenges that are more or less unique to their industries. But it's hard to think of a set of corp dev choices as industry-specific--and as stark--as those in the pharma world. Yesterday the patent for Fosomax...
Posted on February 7, 2008 9:05 AM
Importers may find they face significant liabilities, but the right contractual provisions can mitigate your company's risks.
Posted on October 15, 2007 9:11 AM
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