Drugs & Pharmaceuticals M&A » By The Online Investor Staff, updated Thu., Aug. 18, 6:58 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 primary products include: Revlimid®, in which Revlimid (lenalidomide) is an oral immunomodulatory drug that in combination with dexamethasone is indicated for the treatment of patients with multiple myeloma; and Eliquis®, in which Eliquis (apixaban) 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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