Topic:

M&A

Latest Headlines

Latest Headlines

UPDATED: Allergan's next tug-of-war move: Attack Valeant's rosy Q3 forecast

Allergan may or may not bow to requests from some of its largest shareholders to wait on M&A until after December's special meeting. But in the meantime, it's continuing its barrage on predator Valeant's sales model, which it says will yield a tough Q4.

AbbVie to employees: We're definitely merging with Shire, new tax rules aside

Just days after rumors emerged that AbbVie was looking for additional financing to cover its planned $55 billion takeover of Ireland's Shire, the company is going to great lengths to reassure employees that the deal is a go.

Daiichi Sankyo nabs leukemia drugmaker Ambit in $410M deal

Astellas may not have wanted Ambit Biosciences as a development partner, but fellow Japanese pharma Daiichi Sankyo wants it as an acquisition.

Of mice and M&A: Horizon buys Sage Labs

The U.K.'s Horizon Discovery has snapped up St. Louis-based Sage Labs for $48 million in cash and stock.

Troubled AMAG snaps up fresh-from-bankruptcy Lumara in $1.25B deal

Troubled KV Pharmaceuticals started a new life earlier this year, emerging from bankruptcy and changing its name to Lumara Health. Now, it's selling out. AMAG Pharmaceuticals agreed to pay up to $1.25 billion for the company's maternal health business and its once-controversial preterm-labor treatment Makena.

Allergan buy Salix? Not so fast, say investors intent on Valeant vote

Valeant Pharmaceuticals isn't the only one who thinks Allergan should hold off on dealmaking till shareholders say their piece at a December special meeting. Three top-15 Allergan shareholders are urging the Botox maker to delay until investors weigh in on Valeant's hostile bid.

Medtronic may revise $42.9B deal with Covidien under new tax rules

In light of new U.S. tax rules tightening the reins on corporate inversions, Medtronic could be poised to revise its $42.9 billion deal with Ireland-based Covidien.

Daiichi Sankyo bags leukemia drug in $410M Ambit buyout

About 18 months after Astellas dumped its development partnership with Ambit Biosciences on a now late-stage drug for acute myeloid leukemia, Daiichi Sankyo has stepped in to snap up the San Diego-based biotech for up to $410 million. The deal helps beef up the Japanese company's oncology pipeline.

PPD bets on drug discovery with X-Chem deal

PPD is buying up the entirety of X-Chem, which operates as a biotech within a CRO, marking a vote of confidence in the continued demand for drug discovery services.

LabCorp's $85M LipoScience buy deepens its dive into personalized Dx tests

LabCorp said it will pay more than $85 million in cash for LipoScience in a bid to grow its own roster of personalized diagnostic tests. The deal, which breaks down to $5.25 per share, is yet another sign that personalized medicine is becoming more ubiquitous in the marketplace.