Latest Headlines

Latest Headlines

Valeant is kicking tires at Salix, but a rival Shire bid could quash the idea

After keeping quiet on the M&A front since its failed hostile bid for Allergan, serial acquirer Valeant last week announced its leading bid for the bankrupt Dendreon's assets. Now, it may be ready to strike again.

Medicines Co. snaps up an Atlas seedling and a promising anesthetic

The Medicines Company bought out the shares of Annovation Biopharma it didn't already own, getting exclusive rights to a new anesthetic and scooping up a tiny biotech incubated by Atlas Venture.

Mixed M&A figures a rare low in Europe's upbeat 2014

Analysts have identified an area of European biopharma in which 2014 was a middling year: M&A. The data show that while deals involving U.S. biotechs hit new highs, the renewed optimism in Europe has yet to translate into the signing of checks.

FTC probes Wright, Tornier merger again, may push deal close into the second half

Wright Medical Group had expected to complete its acquisition of Tornier during the first half of this year. But now that is a "best case scenario," according to a statement from the company. The Federal Trade Commission has extended the waiting period until the deal close in order to give Tornier time to deal with the agency's concerns about its lower extremity products.

Alliqua BioMedical snatches up Celleration for $30.4M to expand wound-care offerings

Wound-care outfit Alliqua Medical shelled out $30.4 million for ultrasound therapy company Celleration, broadening its portfolio and gaining ground in regenerative medicine.

Feds set reimbursement targets, increasing government payments' impact on device world, M&A

Secretary of Health and Human Services Sylvia Burwell, incoming head of the federal Centers for Medicare & Medicaid Services, last week set explicit goals toward paying providers based on quality and not quantity, as the agency aims to put the fee-for-service model to sleep--permanently.

With Covidien deal in the bag, Omar Ishrak urges Medtronic employees to stay focused on the company mission

In the wake of the closure of Medtronic's mega, nearly $50 billion purchase of Covidien, CEO Omar Ishrak announced that the company will give $10 to charity for every email he receives from an employee containing reflections on the company's mission to restore health, alleviate pain and extend life.

Belgian CRO genae buys an eClinical outfit

Fast-expanding CRO genae is buying into clinical trial technology, acquiring a company that focuses on electronic data capture.

UPDATED: Mylan's women's health biz leaps to fore in emerging markets with $750M Famy deal

Mylan will pay $750 million in cash to buy the women's healthcare businesses from India's Famy Care, placing it as the top seller of contraceptives in emerging markets.

Ranbaxy-Sun U.S. approval hinges on selling antibacterial drug as FTC notes reach of Indian generic giant

Ranbaxy Laboratories may soon be selling its generic minocycline antibacterial drug to Torrent Pharmaceuticals as a condition for U.S. approval for its merger with Sun Pharmaceuticals.