DEALS: Watson buys Andrx for $1.9 billion


Watson buys Andrx for $1.9 billion


DEALS

WHO

WITH

WHAT

SCOOP

Watson Pharmaceuticals

Andrx

$1.9B buyout

The deal makes Watson the third largest generic drug maker in the country.

Pharmos

Vela Pharmaceuticals

$29.7M buyout

Vela specializes in medicines related to diseases of the nervous system.

Serologicals

Cytomix

Buyout

Serologicals is buying Cytomix for an undisclosed sum.

Alchemia

Meditech Research

$16.9M merger

The companies will merge by way of an off-market takeover bid.

BioScrip

Intravenous Therapy Services

$13M acquisition

Bioscripts has acquired ITS for $13 million plus earn-out payments.

PharmAthene

Siga Technologies

Merger

The merger will create a company focused on biodefense.

Novartis

Infinity

$400M deal

The alliance will concentrate on developing new treatments involving Bcl-2 protein family members.

FEI Company

Sidec Technologies

Collaboration

The companies will collaborate on the commercialization of Protein Tomography solutions and services.

GlaxoSmithKline

Myogen

$100M licensing deal

Myogen has licensed its therapy for pulmonary arterial hypertension to for $20 million up front and $80 million in potential milestones.

Cook Group

AVI BioPharma

$100 licensing deal

Cook Group is licensing AVI's Neugene antisense technology for developing new therapies for vascular diseases.

Novartis

Emisphere Technologies

$30M licensing deal

Novartis has executed its license option to develop oral parathyroid hormone using Emisphere's technology.

Medicis

Inamed

Licensing deal

Medicis licensed the experimental anti-wrinkle drug Reloxin from French drug manufacturer Ipsen.

Takeda Pharmaceutical

Lexicon Genetics

Licensing deal

In 2004, the companies entered into a partnership under which Takeda can purchase promising targets that were discovered in Lexicon's Genome5000 program.