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Pfizer Strikes Pact with Merck After Abandoning AstraZeneca
2014-11-17 20:58:06| Biotech - Topix.net
Pfizer said it will pay $850 million for the rights to an experimental Merck treatment for cancer, dubbed MSB0010718C, that taps the body's anitbodies to help fight tumors. Pfizer and Darmstadt, Germany-based Merck agreed to jointly finance the further development and marketing of the drug, while Merck stands to gain up to an additional $2 billion in bonus payments depending on the treatment's success.
Tags: strikes
pact
merck
pfizer
AstraZeneca not only game in town for deal-hungry Pfizer
2014-11-14 15:24:53| Biotech - Topix.net
People with direct knowledge of the situation said Pfizer has been reviewing different takeover scenarios with a U.S. investment bank ahead of Nov. 26, when it is allowed to renew its pursuit of AstraZeneca under UK takeover rules. This includes a close analysis of the benefits of a tax-saving deal to buy Dublin-based generic drugmaker Actavis at more than a 20-30 percent probability," said Norbert Janisch, portfolio manager at Raiffeisen Capital Management in Vienna, which is a shareholder in AstraZeneca.
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town
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astrazeneca
AstraZeneca and Isis Pharmaceuticals to Co-Develop Targeted Oligonucleotide Delivery Methods
2014-11-13 19:01:24| Biotech - Topix.net
Isis Pharmaceuticals and AstraZeneca today announced a strategic alliance to discover and develop novel delivery methods for antisense oligonucleotides. The new delivery approaches seek to target the desired tissue more effectively.
Tags: methods
delivery
targeted
pharmaceuticals
Lilly, AstraZeneca team up on Alzheimer's drug
2014-09-16 18:08:35| Biotech - Topix.net
Eli Lilly and Co. plans to pay up to $500 million to fellow drugmaker AstraZeneca as part of a collaboration to develop and sell a potential Alzheimer's disease treatment that is in the early stages of clinical testing.
Tags: team
drug
lilly
alzheimers
UK court backs Teva rival to AstraZeneca lung drug
2014-09-03 14:14:02| Biotech - Topix.net
Teva Pharmaceutical Industries said Britain's High Court had handed down a positive judgment regarding its case against a patent for AstraZeneca's Symbicort lung drug.
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