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Merrimack halts breast cancer treatment trial

The phase 2 study, dubbed Hermione, evaluated MM-302, an antibody-targeted liposomal doxorubicin, in HER2-positive metastatic breast cancer patients who had earlier been treated with trastuzumab (Herceptin), pertuzumab (Perjeta)

Baxter to acquire Claris Injectables for $625m

Headquartered in Ahmedabad, India, Claris Injectables has a portfolio of essential generic injectable medicines like anesthesia and analgesics, renal, anti-infectives and critical care in a range of presentations

Lonza agrees to acquire Capsugel for $5.5bn

The deal includes refinancing of existing Capsugel debt of about $2bn. KKR acquired Capsugel from Pfizer for $2.4bn in 2011. Based in Morristown, New Jersey, Capsugel is engaged