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Sciele Pharma Inc.’s investors got a big dose of good news on Sept. 1, when the Atlanta company announced it will be bought out by Japan’s Shionogi & Co. Ltd. in a $1.1 billion deal. Shionogi will pay $31 a share, a 61 percent premiu
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WAYNE — A YouTube video featuring a reality television personality touting a Shire attention-deficit disorder drug has gotten the pharmaceutical company in trouble with the Food and Drug Administration.
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The up-and-down history of Cornerstone Biopharma appears to be on the upswing again.
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Baylor Research Institute has inked a licensing and collaboration agreement with SBI Biotech Co. for the Japanese company to develop potential cancer-fighting vaccines at Kyoto University Hospital for a market that could include Japan, Taiwan and Ko
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Eric Elfman founded DataCert Inc. in 1998 out of a spare bedroom in a rental apartment. By the time he stepped down from his position as CEO last month, the Houston-based legal operations management company had grown into a $22 million firm with 160
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DURHAM – The shakedown of the financial markets has forced executives of a local pharmaceutical upstart to redraw their options.
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Jittery biotech companies, driven by uncertainty in the credit and equity markets, are jumping on cash and weighing unconventional deals they wouldn’t have considered only a few months ago.
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