Keyword: Pharmaceuticals

News

Sanofi Said Eyeing Drug Divestments of Over $7 Billion

30.04.2014 - French pharmaceutical producer Sanofi is looking to sell a portfolio of mature drugs that could fetch between $7 billion and $8 billion, the news agency Reuters said, quoting...

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Pfizer Chases AstraZeneca for Potential $100 billion Deal

29.04.2014 - Pfizer is now expected to increase its $100 billion offer to acquire UK rival AstraZeneca after being rebuffed a second time. The company has confirmed that it approached its...

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Actavis Sues FDA Over Generic of Pfizer’s Celebrex

29.04.2014 - Generics producer Actavis has sued the U.S. Food and Drug Administration, challenging its decision to award exclusive rights to Israel's Teva to sell a generic version of Pfizer's...

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Bayer and Reckitt Said Finalists for Merck & Co. Consumer Arm

28.04.2014 - Germany's Bayer and British consumer products giant Reckitt are said to have emerged as frontrunners to win the auction for the Merck & Co consumer products unit, each reportedly...

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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...