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AbbVie boosts cancer drug pipeline with $21 billion Pharmacyclics deal

2015-03-05 13:11:44| Biotech - Topix.net

AbbVie Inc is to buy Pharmacyclics Inc for about $21 billion, giving it access to what is expected to be one of the world's top-selling cancer drugs and expanding its reach in the profitable oncology field. The deal -- the latest example of a big drugmaker swooping on a biotech firm to refill its medicine pipeline -- confounds expectations that Pharmacyclics would sell out to Johnson & Johnson .

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Cardinal Health to Acquire Cordis, A Worldwide Leader in Cardiac and Endovascular Medical Products for $1.944 Billion in Cash

2015-03-05 11:31:10| Industrial Newsroom - All News for Today

Significantly advances Cardinal Health's offering of interventional cardiology and endovascular solutions for integrated health systems and their patients Creates immediate global scale and scope Fiscal 2017, first full post-close year, accretion is expected to be greater than $0.20 in non-GAAP diluted...

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Sanctions against Russia have cost Exxon Mobil $1 billion

2015-03-04 16:43:24| Chemicals - Topix.net

The U.S. oil major Exxon Mobil lost big money after cooperation with Rosneft in the Arctic, Black Sea and Western Siberia was wound down last year. In 2014, the European Union and United States imposed sanctions related to Russian energy sector since Russian annexed Crimea from Ukraine in March and for supporting separatists in eastern Ukraine.

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Cardinal Health to Acquire Cordis for $2 Billion

2015-03-04 16:33:44| Biotech - Topix.net

Johnson & Johnson announced that Cardinal Health has made a binding offer to acquire Cordis, a Johnson & Johnson company, for $1.99 billion. The press release indicates that the sale price includes $1.944 billion in cash and $46 million in net receivables.

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Global Graphite Market Will Reach $17.5 Billion by 2020

2015-03-04 06:00:00| Coatings World Breaking News

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