DEALS: AstraZeneca, IBM ink $1.4B IT deal


AstraZeneca, IBM ink $1.4B IT deal


DEALS

WHO

WITH

WHAT

SCOOP

AstraZeneca

IBM

$1.4B deal

IBM has inked a $1.4 billion, seven-year deal to manage AstraZeneca's IT infrastructure around the globe.

Merck

Ariad

$1B development pact

The companies inked a deal for AP23573 mTOR inhibitor, which is scheduled to begin a late-stage study for metastatic sarcomas.

AstraZeneca

Silence Therapeutics

$400M deal

Silence Therapeutics has partnered up with AstraZeneca in the early stage identification and development of siRNA molecules.

Noven Pharmaceuticals

JDS Pharmaceuticals

$125M acquisition deal

Noven Pharmaceuticals is paying $125 million in cash and assuming $10 million in debt to clinch a deal to acquire New York-based JDS Pharmaceuticals.

Warburg Pincus

Inspire Pharmaceuticals

$75M stock purchase

Warburg Pincus is buying $75 million worth of Inspire Pharmaceuticals' stock, which gives the company a fresh injection of capital.

Genentech

Tercica

$53M deal

Tercica is partnering with Genentech on two new combinatorial therapies.