Keyword: Celgene

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U.S. Sanofi Executive Sentenced for Insider Trading

22.04.2014 - A former executive of French drugmaker Sanofi, Mark Cupo, has been sentenced to 16 months in prison in the U.S. for insider trading, after cooperating with prosecutors. A judge in...

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Biotech Firms Evolve from Targets to Acquirers

08.05.2013 - Biotechnology companies that just a short time ago were viewed as takeover targets are now more likely to be buyers themselves after seeing their valuations soar on promising new...

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Celgene Issues 2013, Long-term Forecasts

08.01.2013 - Celgene on Monday forecast 2013 profit in line with Wall Street projections, introduced a long-term outlook for 2017, and said results from two late-stage trials of a drug for the...

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Celgene Profit Beats Forecasts as Revlimid Delivers

25.10.2012 - Celgene's quarterly earnings rose 14%, beating expectations, on strong sales of its Revlimid cancer treatment and lower costs, and the biotechnology company narrowly raised its...

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GlaxoSmithKline Set for Human Genome Takeover

16.07.2012 - GlaxoSmithKline is expected to announce an agreement to acquire Human Genome Sciences for about $2.8 billion as soon as Monday, ending three months of its hostile pursuit of the U...

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Celgene Mulls Human Genome Sciences Bid

07.07.2012 - Celgene is one of two companies discussing whether to bid for Human Genome Sciences, which seeks an alternative to a hostile offer by British drugmaker GlaxoSmithKline, a source...

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E&Y Sees $1-5 Billion As Sweet Spot For Biotech M&A

14.06.2011 - Biotech deals in the $1 billion to $5 billion range are likely to be a sweet spot for drug companies looking to bolster their pipelines through M&A in an increasingly tough...

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Genzyme Acknowledges Sanofi Talks, Quick Deal Hopes Cool

11.01.2011 - Genzyme acknowledged on Monday that it was discussing a takeover deal with French drugmaker Sanofi-Aventis, but hopes for a quick agreement cooled as both sides noted differences...