USA – US pharma giant Pfizer has agreed to invest 90.5 million euros (US$95.2 million) to buy an 8.1% percent stake in Valneva as the companies announced developments in their…
Read MorePfizer to buy 8.1 pc stake in French vaccines company Valneva
Category: Mergers & Acquisitions
Boston Scientific inks US$230M deal to acquire 64% stake in M.I.Tech
USA –Boston Scientific has announced that it agreed with Synergy Innovation to purchase 64% stake in M.I. Tech in a deal worth US$230 million at current exchange rates, subject to…
Read MoreMerck reportedly mulling Seagen acquisition
USA – A report in The Wall Street Journal has said Merck & Co. is considering a buyout of Seagen, a pioneer in the use of antibody-drug conjugates (ADCs) to…
Read MoreMastercard, JSI and Gavi team up to unveil electronic medical records in Ethiopia
ETHIOPIA – Mastercard, Gavi, the Vaccine Alliance, global public health consulting organization John Snow, Inc. (JSI) and the Ethiopia Ministry of Health have partnered to implement the Mastercard Wellness Pass…
Read MoreGSK Velu reportedly exploring bid to buy back diagnostic chain Metropolis Healthcare
INDIA – Entrepreneur GSK Velu, founder and chairman of Neuberg Diagnostics, is reportedly exploring a bid for diagnostic chain Metropolis Healthcare, a company he once co-funded. Last month, HealthCare Africa…
Read MoreCipla signs agreement to acquire 21 Pc stake in Achira Labs
INDIA – Cipla, an Indian drug major announced that it has signed definitive agreements for acquiring 21.05% stake (on a fully diluted basis) in Bengaluru-based Achira Labs for a cash…
Read MoreSA startup Root links with Andela and Momentum Health for digital health insurance solutions
SOUTH AFRICA – Cape Town-based digital insurance startup Root has teamed up with Andela, the global network for remote engineering talent, and financial services company Momentum Health Solutions to ensures…
Read MoreResMed acquires software as a service company Medifox Dan for US$1B
USA – ResMed has announced that it agreed to acquire German software company Medifox Dan in a deal worth US$1 billion. The new acquisition will allow ResMed to expand its…
Read MoreADQ acquires leading Turkish pharmaceuticals company Birgi Mefar Group
UAE – Abu Dhabi Development Holding (ADQ) has signed a final agreement to acquire Turkey’s Birgi Mefar Group (BMG), a manufacturer of sterile injectable products, ADQ said in a press…
Read MoreHealiva expands wound care portfolio by acquiring Smith+Nephew’s cell therapy assets
SWITZERLAND –Switzerland’s Healiva, a chronic wound-focused company, has acquired two new cell therapy assets from UK-based medical technology firm Smith+Nephew for an undisclosed sum. The transaction will enable the Swiss…
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