Drug Sponsors

Lundbeck to acquire Chelsea Therapeutics

Friday, May 9, 2014 12:25 PM

H. Lundbeck of Denmark and North Carolina-based Chelsea Therapeutics International have entered into a definitive agreement under which Lundbeck will acquire Chelsea.

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Theravance to split into two companies: R&D and royalty management

Thursday, May 8, 2014 01:21 PM

Biopharmaceutical company Theravance has announced it will split into two independent, publicly traded companies via a stock dividend on May 15.

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CenterWatch

IMS Health acquires Forcea

Thursday, May 8, 2014 01:14 PM

IMS Health, a global information and technology services company, has acquired Forcea, a Belgium-based provider of business intelligence applications and analytics for hospitals and life sciences organizations.

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EY report: Lack of trust keeps pharmas, payers divided on drug costs, trial data

Wednesday, May 7, 2014 02:58 PM

By Ronald Rosenberg
CenterWatch Staff Writer

The “lingering mistrust” between the pharmaceutical industry and payers over lowering drug costs and improving outcomes will make new approaches of engagement highly unlikely without a fundamental change in current approaches.

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Bayer to acquire Merck’s consumer care business, partner on sGC modulators

Wednesday, May 7, 2014 01:30 PM

Bayer has agreed to acquire Merck’s consumer care business for $14.2 billion. Bayer also has entered into a global co-development and co-commercialization agreement with Merck in soluble guanylate cyclase (sGC) modulators, for which Merck will make an up-front payment to Bayer of $1 billion, with substantial additional sales milestones.

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Aeterna Zentaris to house business, commercial operations in Charleston, S.C.

Wednesday, May 7, 2014 01:12 PM

Aeterna Zentaris, a specialty biopharmaceutical company engaged in developing novel treatments in oncology and endocrinology, has selected Charleston, S.C., for its North American business and global commercial operations. Over the next five years, Aeterna Zentaris will hire staff to support commercial operations, business development, regulatory and quality assurance, manufacturing management, clinical and product development, as well as various administrative functions. The Coordinating Council for Economic Development of South Carolina has approved job development credits to Aeterna Zentaris.

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Shire acquires Fibrotech for $75M

Friday, May 2, 2014 11:32 AM

Shire, a global specialty biopharmaceutical company, has acquired Fibrotech, an Australian biopharmaceutical company developing a new class of drugs associated with fibrosis, for an up-front payment of $75 million plus certain development and regulatory milestone payments.

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Endo to acquire Somar

Thursday, May 1, 2014 10:29 AM

Endo International will acquire Grupo Farmaceutico Somar, a privately owned specialty pharmaceuticals company based in Mexico City, Mexico. Endo expects the transaction to be immediately accretive to adjusted earnings per share. Financial details have not been disclosed.

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Bristol-Myers Squibb acquires iPierian

Wednesday, April 30, 2014 11:39 AM

Bristol-Myers Squibb has acquired iPierian, a privately held biotechnology company focused on the discovery and development of new treatments for Tauopathies, a class of neurodegenerative diseases associated with the pathological aggregation of Tau protein in the human brain.

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Forest Labs’ $1.46 billion acquisition of Furiex strengthens GI business

Tuesday, April 29, 2014 03:24 PM

By Ronald Rosenberg
CenterWatch Staff Writer

The pharmaceutical industry’s shopping spree for specific disease expertise or scale continued this week as Forest Laboratories announced plans to acquire Furiex Pharmaceuticals for up to $1.46 billion, including milestone payments.

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December 22

DaVita combines its two research CRO units to create an end-to-end CRO focused on kidney, end-stage renal disease

New crop of clinical trial matching services use patient’s molecular, genomic data for better fit

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The CenterWatch Monthly

December

Growing adoption of feasibility review committees
Early reports cite fewer amendments, improved cycle time

AMCs vying to better compete for industry trials
Working to conquer study start-up delays, IRB review process

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The CenterWatch Monthly

November

Private equity driving dynamic CRO growth
Enables CROs to pursue long-term strategies, while giving the space credibility

Baby boomers poised to reshape clinical trials industry
Millions of tech-savvy consumers already track their health, expect new treatments as they age

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