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Sawai Pharmaceutical, a Japanese generic pharmaceuticals manufacturer, and Upsher-Smith Laboratories, a generics manufacturer based in Minnesota, U.S., have announced the signing of an agreement for Sawai to purchase the generic pharmaceuticals business of Upsher-Smith, from its parent, ACOVA.
Cardinal Health has entered into a definitive agreement to acquire Medtronic‘s Patient Care, Deep Vein Thrombosis and Nutritional Insufficiency businesses for $6.1 billion in cash. The purchase price does not include cash tax benefits of at least $100 million. The acquisition is expected to be financed with a combination of $4.5 billion in new senior unsecured notes and existing cash.
Juno Therapeutics, a biopharmaceutical company developing innovative cellular immunotherapies for the treatment of cancer, has appointed to its Board of Directors Dr. Rupert Vessey, president of Research and Early Development of Celgene.
The Michael J. Fox Foundation for Parkinson’s Research (MJFF) announces the promotion of Sohini Chowdhury to the role of deputy chief executive officer. In her previous capacity as senior vice president, Research Partnerships, Chowdhury was instrumental in driving the Foundation’s innovative alliances with key Parkinson’s research stakeholders for the benefit of the estimated five million people worldwide living with Parkinson’s disease.