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Why Did the Supreme Court GVR the Shire Lialda Case?

2015-01-30 20:48:41| Biotech - Topix.net

On January 26, 2015, the Supreme Court granted certiorari , vacated, and remanded Shire Development LLC v. Watson Pharmaceuticals, Inc. , to the Federal Circuit "for further consideration in light of Teva Pharmaceuticals USA, Inc., v.

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UPDATE 1-U.S. FDA approves NPS drug, in move validating Shire takeover deal

2015-01-24 06:29:54| Biotech - Topix.net

The U.S. Food and Drug Administration has approved NPS Pharmaceuticals Inc's drug Natpara to treat a rare hormone disorder, validating a bet by Shire Plc , which recently agreed to acquire NPS for $5.2 billion. Natpara is designed to treat hypoparathyroidism, a condition in which the body's parathyroid gland does not secrete enough parathyroid hormone .

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Shire to buy NPS for $5.2 billion

2015-01-12 02:38:40| Biotech - Topix.net

Yet another major pharmaceutical deal has hit Wall Street. Shire Plc, an Irish-based drugmaker, has agreed to acquire New Jersey-based NPS Pharmaceuticals for about $5.2 billion in an effort to bolster its Shire to buy NPS for $5.2 billion Yet another major pharmaceutical deal has hit Wall Street.

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Shire to buy US rival in $5.2bn deal

2015-01-11 21:25:28| BBC News | Business | UK Edition

UK pharmaceutical company Shire has clinched a deal to buy US rival NPS Pharmaceuticals for $5.2bn (3.4bn).

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Shire to buy New Jersey-based NPS Pharma is $5.2B deal

2015-01-11 19:19:23| Biotech - Topix.net

Less than two months after announcing its U.S. headquarters will be in Massachusetts, Shire Pharmaceuticals is buying a New Jersey-based maker of gastrointestinal drugs, NPS Pharma for $5.2 billion. The purchase price represents a 51 percent premium to the share price of NPS when reports of the pending deal first emerged on Dec. 16, and is 9 percent higher than it's stock as of Friday's close.

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