Drugs & Pharmaceuticals M&A » By The Online Investor Staff, updated Sat., Apr. 20, 6:19 AM
Recent mergers and acquisitions in the Drugs & Pharmaceuticals M&A category.
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Slide #9. Celgene Corporation — Late-Stage Product for Crohn's Disease and Other Gastrointestinal Disorders
Acquirer:
Celgene Corporation (CELG)
Acquiree:
Late-Stage Product for Crohn's Disease and Other Gastrointestinal Disorders
Details:
Celgene Corporation (NASDAQ:CELG) entered into a global license agreement with Nogra Pharma Limited, a private pharmaceutical company based in Dublin, Ireland, to develop and commercialize GED-0301, an oral antisense DNA oligonucleotide targeting Smad7 mRNA for the treatment of moderate-to-severe Crohn's disease and other indications.
Bristol-Myers Squibb is engaged in the discovery, development, licensing, manufacturing, marketing, distribution and sale of biopharmaceutical products on a global basis. Co.'s pharmaceutical products include chemically-synthesized or small molecule drugs, products produced from biological processes, called biologics and chimeric antigen receptor T-cell therapies. Co.'s primary product includes Eliquis® - Eliquis (apixaban), which is an oral Factor Xa inhibitor indicated for the reduction in risk of stroke/systemic embolism in non-valvular atrial fibrillation and for the treatment of DVT/PE and reduction in risk of recurrence following initial therapy.
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