Japanese companies are increasing overseas acquisitions, using their cash-hoards to snap up assets beaten down by the global credit crisis and economic slowdown. The value of foreign purchases by Japanese companies this...
has made three executive appointments in a bid to accelerate its research and development efforts. The Cambridge, Mass.-based company (Nasdaq: HLCS) said it has named Bill Efcavitch as its new chief technology officer....
Bristol-Myers Squibb is trying to regain its throne as the leading provider of cancer treatments now that its drug Taxol has a slew of generic copycats eating into its sales. But it may be trying too hard: an takeover...
With research and development pipelines lagging and patent expirations on many key drugs looming, large pharmaceutical and biotech companies are increasingly looking to biotechnology acquisitions as a way to bring new...
NEW YORK - A buyout bull's-eye will likely remain on biotechnology companies over the next few years as major pharmaceutical companies continue taking advantage of a weak dollar and a surplus of cash to buy pipeline additions....
More News related to Press Releases ) has announced the addition of Decision Resources, Inc.'s new report "2008 Chartbook of International Pharmaceutical Prices" to their offering. To best determine pricing, pharmaceutical...
In one of the more friendly spurnings of a buyout offer in recent months, Genentech (NYSE: DNA) yesterday called Roche's $89-per-share buyout offer too low, and very nicely implied that Roche should up its bid. Three weeks ago,...
18:45 PDT -- But the committee also invited Roche - which already owns a majority share of Genentech but now wants to own the whole thing - to make a richer offer, dampening speculation that Genentech will try to resist the...
partner ImClone Systems (nasdaq: A three-member special committee assembled by Genentech’s board of directors said the deal “substantially undervalues” the company. But the committee said it “would consider a proposal that...
Vivian Wai-yin Kwok and Lisa LaMotta 08.13.08, 4:50 PM ET The weakened dollar has pushed one more foreign company to assets buying assets in the U.S., with Australia's CSL jumping on the opportunity to purchase Talecris...