Marketing & Sales

Apollo to buy speciality pharmaceutical company Covis Pharma

Apollo Global Management has agreed to acquire the Netherlands-based speciality pharmaceutical company Covis Pharma from Cerberus Capital Management for an undisclosed sum.

Allergan to sell brazikumab and Zenpep to close $63bn deal with AbbVie

Allergan has agreed to sell brazikumab (formerly MEDI2070) and Zenpep (pancrelipase) to AstraZeneca and Nestle, respectively, in separate deals, for an undisclosed price.

Atnahs Pharma to buy AstraZeneca’s hypertension medicines in $390m deal

Atnahs Pharma has agreed to acquire hypertension medicines from AstraZeneca in a deal valued at around $390m.

Bayer to commercialise Daré’s monthly contraceptive Ovaprene in US

Bayer has entered into a licence agreement with Daré Bioscience to commercialise investigational contraceptive product called Ovaprene in the US.

Amgen closes acquisition of 20.5% stake in BeiGene for $2.8bn

US-based Amgen has closed the acquisition of a 20.5% stake in Chinese biopharmaceutical firm BeiGene for approximately $2.8bn to support the expansion of its oncology footprint in China.

GSK closes sale of two vaccine brands to Bavarian Nordic

GlaxoSmithKline (GSK) has completed the sale of its travel vaccines Rabipur for rabies, and Encepur for tick-borne encephalitis, to Bavarian Nordic.

AstraZeneca closes deal with Cheplapharm for rights to Seroquel and Seroquel XR in Europe and Russia

AstraZeneca has completed an agreement to divest its commercial rights to Seroquel (quetiapine fumarate immediate release) and Seroquel XR (quetiapine fumarate extended release) in Europe and Russia to Cheplapharm Arzneimittel GmbH (Cheplapharm).

Amneal to buy generic pharmaceuticals provider AvKAR for $340m

Amneal Pharmaceuticals has signed an agreement to acquire a majority stake in generic pharmaceuticals provider AvKARE for an implied enterprise value of $340m.

AstraZeneca sells US, Canada rights of Seroquel drugs to Cheplapharm

AstraZeneca has signed a deal worth up to $41m to divest the US and Canada commercial rights to Seroquel (quetiapine fumarate immediate release) and Seroquel XR (quetiapine fumarate extended release) to German pharma company Cheplapharm Arzneimittel.