DEALS: Shire shells out $2.6B for New River Pharmaceuticals

Shire shells out $2.6B for New River Pharmaceuticals







New River Pharmaceuticals

$2.6B buyout

The deal gives Shire the ADHD drug Vyvanse, which has been the subject of two approvable letters from the FDA and is likely to get fully cleared shortly.

Bristol-Myers Squibb


$240M development pact

Bristol-Myers Squibb has committed to give Adnexus $30 million over the next three years and up to $210 million in milestones for each product developed in a new collaboration on new cancer therapies.


Avista Capital

$210 sale

Invitrogen is selling its pharmaceutical services division, BioReliance, to Avista Capital for $210 million.

Inspire Pharmaceuticals

InSite Vision's

$33M deal

Inspire Pharmaceuticals has licensed the U.S. and Canadian commercialization rights to InSite Vision anti-infective AzaSite.



$27M sale

Cepheid is buying Sweden's Sangtec Molecular Diagnostics from Altana for about $27 million in cash.

Optimer Pharma

Par Pharmaceuticals

$20M buy-back

Optimer agreed to pay Par $20 million for the buy-back of Difimicin, which is in Phase IIb/III in North America.


Stem Cell Innovations

Stock swap and licensing deal

The licensing agreement provides Stem Cell with certain rights to Pluristem's PLX I product and 3-D stem cell expansion capability, in exchange for an upfront fee of 23 million shares of Stem Cell's common stock, milestone payments and royalties.


Stedim Biosystems


Germany's Sartorius has struck a deal to combine its biotech division with Stedim Biosystems. Sartorius emerges as the majority owner of a combined company called Sartorius Stedim Biotechnology.

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