Latest Headlines

Latest Headlines

Buzz: Sobi spurns Pfizer's rumored $5B buyout deal

Sobi has stepped away from the bargaining table without completing a rumored $5 billion deal to sell the company.

Could an $18.9B Shire bid convince Actelion to ditch its independence?

Deal-hungry Shire hasn't snagged any new marketed drugs since bagging NPS Pharma in a deal it announced in January. But the rumor mill is churning again, and word has it it's set its sights on Actelion.

OPKO scoops up Bio-Reference Laboratories for $1.47B

OPKO Health is snatching up Bio-Reference Laboratories for $1.47 billion to get its hands on the company's genetic sequencing technology and harness Bio-Reference's lab capabilities for drug development.

Endo plans $1.75B stock sale to help cover Par buy

Endo hasn't quite wrapped up its $8 billion deal for generics maker Par Pharmaceutical, recently agreeing to a loan package to speed things along. Now, the drugmaker is hoping to move one step closer to the finish line by launching a $1.75 billion stock sale.

Teva shops for bigger Mylan stake in deal-forcing power play

Teva already has a 1.8% stake in deal target Mylan--a share that prompted Mylan Chairman Robert Coury to accuse it on Monday of breaching U.S. antitrust laws. But the Israeli drugmaker's response may be to pad that stake even further.

Is Pozen prepping to sell out? Sudden CEO exit, new Irish subsidiary hint yes

Pozen has had its share of woes in recent months: Manufacturing problems at its contract supplier tanked new drug applications twice in a row, and Big Pharma partner Sanofi bailed on their development deal for the new-and-improved aspirins.

Mylan deal target Perrigo bags GSK, Novartis consumer meds

Lately, Perrigo's shown it would rather be the acquirer than the acquired--and it continued down that path Tuesday.

Mylan challenges Teva to put up a bid--or shut up and let it buy Perrigo

Clock's ticking, Teva, as far as deal target Mylan's concerned. The Israeli drugmaker needs to either "stop playing games" and turn its $40 billion approach into a formal bid--or walk.

Juno snaps up an antibody biotech amid CAR-T horse race

Juno Therapeutics, at work on immune system-harnessing cancer treatments, bought up a small Massachusetts biotech to further flesh out its arsenal of technologies, picking up a new discovery platform as it races toward late-stage trials.

Steris and Synergy to contest fed's plans to block their merger

Steris and Synergy said they will fight the U.S. Federal Trade Commission's plan to prevent their $1.9 billion merger, which would create a global powerhouse in the medical device sterilization sector.