News

News

Bayer to Spend $1 Billion on US Drug R&D

16.03.2023 -

Bayer is looking to spend $1 billion on drug research and development in the United States during 2023 as part of a plan to double its sales in the country by the end of...

News

Apollo Takes Univar for $8.1 Billion

16.03.2023 -

Private equity group Apollo has agreed to acquire Univar Solutions for $8.1 billion. The transaction also includes a “minority” investment from a wholly owned subsidiary...

Logistics & Supply Chain

Centrally Controlled Logistics for Covid-19 Vaccines

16.03.2023 -

Examples of national logistics solutions in the UK, the Netherlands and Belgium show how high availability and low costs can be brought down to a common denominator.

Logistics & Supply Chain

Supply Chain Due Diligence Act

16.03.2023 -

On Jan. 1, 2023, the Supply Chain Due Diligence Act (“LkSG”) came into force in Germany.

News

Pfizer Takes Seagen for $43 Billion

15.03.2023 -

Pfizer has agreed to acquire Seagen, a global biotech focused on developing cancer treatments, for $43 billion. The announcement comes just a couple of weeks after the...

News

Sanofi Buying Diabetes Specialist Provention Bio

15.03.2023 -

Paris-based French drugmaker Sanofi has agreed to acquire Provention Bio for $25 per share in cash, representing an equity value of about $2.9 billion. The publicly...

News

Sumitovant Closes Myovant Purchase

15.03.2023 -

US biopharma Sumitovant – a wholly owned subsidiary of Japan’s Sumitomo Pharma – has closed its purchase of the remaining equity in Myovant Sciences, taking full control...

News

Lilly Insulin Price Cut Revives US Discussion

14.03.2023 -

As the discussion surrounding the high price of insulin in the US continues unabated, drugmaker Eli Lilly implemented price reductions of 70% for its most commonly...