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As part of the financing of the acquisition of Rottapharm, Meda's Board of Directors has resolved to launch a rights issue of approximately SEK 2.0 billion. On 31 July 2014, Meda announced entering into an agreement to acquire the Italian specialty pharma company Rottapharm S.p.A. Completion of tAlready a subscriber…
Swedish CDMO Recipharm continues to expand. Most recently the company acquired Kemwell’s pharmaceutical CDMO businesses. In February Recipharm acquired privately owned Italian CDMO Mitim, adding important technology in the filling of injectable beta lactams with sales to the US and European marAlready a subscriber Login You have read all your…
Novo Nordisk will stop distribution of its once-daily insulin drug Tresiba after price negotiations with Germany’s health insurance fund trade group broke down, according to BioSpace.com. Company officials indicated they could not come to an agreement on price with GKV-Spitzenverband, which wanteAlready a subscriber Login You have read all your…
Japan’s Fujifilm Holdings Corp will acquire a drug making business from the U.S. based Biogen Inc for about $890 million. With this acquisition Fujifilm aims to accelerate the growth of its Bio CDMO business. Large-scale biologics manufacturing site located in Hillerød Fujifilm has entered iAlready a subscriber Login You have…
