DEALS: Betapharm finds a buyer


Dr. Reddy's acquires Betapharm Group for €480 million.


DEALS

WHO

WITH

WHAT

SCOOP

Dr. Reddy's

3i

Acquisition

Dr. Reddy's will acquire Betapharm Group, a generic pharmaceuticals company, for €480 million.

Nastech

Galenea

Acquisition of intellectual property

Nastech has acquired RNAi intellectual property estate and other RNAi technologies of Galenea for the development of RNAi therapeutics against respiratory viral infections.

Millenia Hope Biopharma

Avance Pharma

Purchase

Millenia Hope Biopharma purchased intellectual property, scientific expertise and the research facilities of the former Avance Pharma.

King Pharmaceuticals

Arrow International

Collaborative agreement

King and Arrow have entered into a collaboration to commercialize novel formulations of Altace. King has rights to certain current and future NDAs, and Arrow got an up-front payment of $35M.

Biosystems International

AstraZeneca

Collaborative agreement

Biosystems International has agreed to collaborate with AstraZeneca on a biomarker discovery program for osteoarthritis.

Par Pharmaceutical

Spectrum Pharmaceuticals

Collaborative agreement

Par Pharmaceutical and Spectrum Pharmaceuticals will develop and market generic drugs, including generic versions of injectable and ophthalmic pharmaceuticals.

Artemis Pharmaceuticals

Bristol-Myers Squibb

Collaborative agreement

Artemis will generate various genetically-engineered murine models carrying selected genetic mutations. BMS will use these models in its drug discovery research activities.

Novavax

PacificGMP

Strategic alliance

PacificGMP will assist Novavax in developing the capability to manufacture large quantities of vaccine to accommodate the surge capacity that must be met in the event of a pandemic outbreak of influenza.

Isis Pharmaceuticals

Rosetta Genomics

Development pact

Isis Pharmaceuticals and Rosetta Genomics will look for new therapies to treat liver cancer and other diseases.

Inspire Pharmaceuticals

Boehringer Ingelheim

Development and license deal

Inspire will acquire certain exclusive rights to develop and market an intranasal dosage form of epinastine in for the treatment or prevention of rhinitis.

Novartis

Kyorin Pharmaceutical

Licensing deal

Novartis has worldwide rights to develop and market Kyorin's immunosuppressant drug KRP-203. Kyorin will receive up-front and milestone payments as well as royalties.

Mitsubishi Pharma, Lequio Pharma

Yuhan

Licensing deal

Yuhan received the exclusive right to import and market ZIONE Injection in Korea. ZIONE was co-developed by Mitsubishi and Lequio.

ImQuest Pharmaceuticals

Samjin Pharmaceutical

Licensing deal

ImQuest Pharmaceuticals has licensed the entire pyrimidinedione series of anti-HIV compounds from Samjin Pharmaceutical. ImQuest plans to develop the lead inhibitor as a therapy for HIV infection.