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Shire Said in Advanced Talks to Acquire Drugmaker Baxalta
2016-01-03 22:20:46| Biotech - Topix.net
Shire Plc is in advanced talks to acquire Baxalta Inc. for about $32 billion in cash and stock, excluding debt, according to people familiar with the matter. The two drugmakers may announce a deal as soon as this week, the people said, asking not to be identified as the matter isn't public.
Tags: advanced
talks
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shire
Pfizer, Allergan form world's largest drugmaker in $160 billion deal
2015-11-23 21:31:43| Biotech - Topix.net
Pfizer and Allergan are joining in the biggest buyout of the year, a $160 billion stock deal that will create the world's largest drugmaker. It's also the largest so-called inversion, where an American corporation combines with a company headquartered in a country with a lower corporate tax rate, saving potentially millions each year in U.S. taxes.
Tags: form
deal
largest
billion
Insys CEO Babich resigns, drugmaker tops 3Q expectations
2015-11-05 19:25:14| Biotech - Topix.net
Michael L. Babich has resigned as president and CEO of Insys Therapeutics, a specialty drugmaker under investigation over sales of its powerful painkiller Subsys. Shares of the Chandler, Arizona, company jumped almost 10 percent Thursday morning as the company also announced third-quarter earnings that trumped analyst expectations and said it was buying back some stock.
Tags: ceo
expectations
tops
resigns
Drugmaker drags down FTSE 100
2015-11-02 09:34:10| BBC News | Business | UK Edition
London's leading shares open lower, tracking losses in Asia after disappointing Chinese factory data, with drugmaker Hikma the biggest faller.
Drugmaker Amgen posts big increases in 3Q profit, sales
2015-10-29 04:14:49| Biotech - Topix.net
This Nov. 9, 2014 file photo shows signage outside the Amgen headquarters in Thousand Oaks, Calif. Amgen Inc. on Wednesday, Oct. 28, 2015 reported third-quarter profit of $1.86 billion.
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