Drugs & Pharmaceuticals M&A » By The Online Investor Staff, updated Thu., Jun. 30, 3:36 PM
Recent mergers and acquisitions in the Drugs & Pharmaceuticals M&A category.
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Slide #93. The Medicines Company — ProFibrix
Acquirer:
The Medicines Company (MDCO)
Acquiree:
ProFibrix
Details:
The Medicines Company (NASDAQ: MDCO) and ProFibrix B.V. today announced an agreement for The Medicines Company to purchase all of the outstanding capital stock of ProFibrix B.V. subject to The Medicines Company's satisfactory review of the pending Phase 3 clinical trial results of ProFibrix's lead biologic, Fibrocaps.
Medicines is a biopharmaceutical company. Co. is focused on inclisiran, the investigational RNA interference therapeutic, that inhibits production of proprotein convertase subtilisin/kexin type 9, a main protein that controls low-density lipoprotein-cholesterol levels. Co. has the right to develop, manufacture and commercialize inclisiran under its collaboration agreement with Alnylam Pharmaceuticals, Inc.
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