Sanofi Agrees to R&D Partnership with Evotec

In an announcement via Genetic Engineering & Biotechnology News, “Evotec said yesterday it hammered out a definitive agreement for a five-year, minimum-guaranteed €250 million (nearly $270 million) strategic alliance with Sanofi focused on developing...

Valeant Pharmaceuticals Increases Offer for Salix

According to Reuters.com, “Valeant Pharmaceuticals has increased its takeover offer for Salix Pharmaceuticals to $10.96 billion in cash…bumping out Endo International Plc, the only other bidder for the maker of gastrointestinal drugs.”  Salix has...

UK Companies Face Rising Payments to DH As A Result of PPRS

The Pharmaceutical Price Regulation Scheme is only into the second year of implementation and already companies are facing rising payments to the Department of Health and may not be reconsidering their options.  According to PharmaPhorum.com, “for 2016 through...

Baxter International Spinoff to Headquarter in Bannockburn

“Baxter International said Monday its spinoff pharmaceutical company Baxalta will be located in north suburban Bannockburn, not far from Baxter’s headquarters in Deerfield” according to the Chicago Tribune.  Baxalta will produce treatments for...