Keyword: Pharma

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Valeant, Ackman Make $47 billion offer for Allergan

24.04.2014 - Canada's Valeant Pharmaceuticals International and activist investor Bill Ackman have made an unsolicited $47 billion bid to buy Botox maker Allergan in a move to create one of the...

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Pfizer Said to be Interested in AstraZeneca

23.04.2014 - In reports that emerged at Easter, U.S. pharmaceutical giant Pfizer is said to have held informal talks with AstraZeneca about buying the London-based maker of asthma and heart...

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Novartis and Lilly Clinch Animal Health Deal

23.04.2014 - In one of several deals announced just after Easter, Swiss drugmaker Novartis said it would sell its animal health arm to U.S. rival Eli Lilly for about $5.4 billion. Lilly said...

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Novartis and GlaxoSmithKline Swap $20 Billion in Assets

23.04.2014 - Novartis and GlaxoSmithKline have announced an asset swap worth more than $20 billion, with an eye to bolstering their best businesses and exiting weaker ones. The swap, which...

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Roche Rejects Criticism of Tamiflu

22.04.2014 - Swiss drugmaker Roche has vehemently rejected criticism of the effectiveness of its influenza drug Tamiflu by the Cochrane Report research network. Speaking at the presentation of...

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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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BASF Plans New Specialty Amines Plant in Ludwigshafen

17.04.2014 - BASF is expanding its global production network of amines with a new 12,000 t/y plant for specialty amines at its Ludwigshafen, Germany headquarters. Start-up is scheduled for 2015...

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GSK Faces Criminal Bribery Investigation in Poland

15.04.2014 - GlaxoSmithKline (GSK) is facing fresh allegations of corruption, following reported incidents in China and Iraq. Polish authorities have launched a criminal investigation against...