![]() | The pharmaceutical industry seems besieged on all sides, with declining R&D productivity, expiring patents on blockbuster products and relentless downward pricing pressure forcing companies to look closely at the bottom line. One affect of this onslaught has been an upsurge in the level of M&A activity as players within the industry consolidate to cut costs, expand research pipelines and lengthen geographic reach. |
01-Jun-2011 - Ashland will buy International Specialty Products (ISP) in a deal designed to expand it's business in less cyclical, high-growth markets such as pharmaceuticals and personal care.
31-May-2011 - Watson Pharmaceuticals has bought Greek generics firm Specifar Pharmaceuticals, bringing to an end a busy month of deal making in the non-branded drug sector.
18-May-2011 - UK-based drugmaker Shire has unveiled plans to buy Advanced BioHealing (ABH) citing the lack of generic competition in the regenerative medicines sector as a factor.
11-May-2011 - Aurobindo Pharma is considering demerging its API and formulation businesses to unlock value and better serve clients.
09-May-2011 - Elan will sell its delivery technology unit, EDT, to Alkermes in a deal that brings to an end the Irish drugmakers’ long search for a buyer.
28-Apr-2011 - Switzerland – based specialty chemicals group Clariant has acquired 96.15 per cent of German Süd – Chemie.
27-Apr-2011 - Oystar has sold its processing tech units, Huttlin and Manesty, to Bosch in a deal that continues its effort to refocus on primary and secondary packaging.
18-Apr-2011 - MENA-focused drug manufacturer, Hikma, has entered into a strategic partnership with Indian API and intermediates business, Unimark Remedies.
12-Apr-2011 - Nano Terra, a surface engineering and nanotechnology company based in Brighton Massachusetts, US, has struck a deal to acquire neighbouring drug developer, Surface Logix.
05-Apr-2011 - Pharmaceutical giant Pfizer has agreed to sell Capsugel, its drug delivery technology unit, to US investment group Kohlberg Kravis Roberts & Co (KKR) for $2.4bn (€1.7bn).
05-Apr-2011 - Processing and packaging technology firm Romaco will be sold to German private equity group Deutsche Beteiligungs AG (DBAG) for €61m (£86.5m).
28-Mar-2011 - Sigma Pharmaceuticals posted a A$235.4m (€172.0m) loss in 2010 but its share value soared on payment of a special dividend.
23-Mar-2011 - Gerresheimer has bought Brazilian pharmaceutical plastic packaging maker Vedat, citing rapid growth of the country’s drug market, particularly the generics segment, as the main driver for the acquisition.
02-Mar-2011 - Clondalkin is to buy the printed components unit from Catalent as part of an ongoing acquisition strategy in the strong sector growth.
28-Feb-2011 - Tokyo, Japan-based digital imaging specialist, Fujifilm, has agreed a deal to buy US drug giant Merck and Co's BioManufacturing Network, including two biotech manufacturing plants.
22-Feb-2011 - Belgian chemicals distributor Azelis has agreed to buy S&D Group citing its presence in key pharmaceutical ingredients markets as an important driver.
17-Feb-2011 - Sanofi Aventis’ CEO, Chris Veibacher, said the French drugmaker may look at providing some fill/finish capacity for Genzyme in the long term.
16-Feb-2011 - French drugmaker Sanofi Aventis will buy Genzyme after the firms finally agree a valuation based on manufacturing performance, approvals and sales.
16-Feb-2011 - Japanese pharma giant, Daiichi Sankyo Inc. (DSI) has announced the acquisition of its first US-based packaging and manufacturing plant.
09-Feb-2011 - A bill requiring biopharm manufacturers to give the FDA early notification of potential drug shortages has been introduced to the US Senate.
07-Feb-2011 - Pfizer has acquired the consumer healthcare business of Danish firm Ferrosan for an undisclosed fee in what the pharma giant says, “is an excellent strategic fit that strengthens our presence in dietary supplements”.
03-Feb-2011 - Sigma-Aldrich has acquired analytical standards and certified reference materials manufacturer Resource Technology Corporation (RTC) to expand its analytical
02-Feb-2011 - Genzyme will sell its pharmaceutical intermediates business to International Chemical Investors Group (ICIG).
02-Feb-2011 - Canada’s Valeant Pharmaceuticals will pay €350m for PharmaSwiss to expand its presences in the central and eastern European generic drug market.
27-Jan-2011 - Abbott Laboratories is to cut 1,900 US commercial and manufacturing jobs in response to healthcare reform and tough regulators.