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30.04.26 - 08:12
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Purdue Pharma to be dissolved as judge approves criminal sentence in opioid case (The Guardian)
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OxyContin maker to be replaced by new company aiming to combat opioid crisis as legal settlement takes effectPurdue Pharma, which makes OxyContin, is set to be dissolved and replaced by a company focused on the public good by the week's end, as a sweeping legal settlement resolving thousands of lawsuits takes effect.A federal judge on Tuesday delivered a criminal sentence to the company to resolve a US Department of Justice investigation – a last necessary step to clear the way for the settlement. Continue reading......
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29.04.26 - 20:36
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Sun Pharma, Lilly Lead Latest Healthcare Deal Rush (Bloomberg)
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Bloomberg's Scarlet Fu on "Bloomberg Deals" wraps up recent pharma dealmaking. Eli Lilly agreed to buy closely held Ajax Therapeutics for as much as $2.3 billion in cash. Sun Pharmaceutical Industries has agreed to acquire New York-listed women's health-care company Organon. (Source: Bloomberg)...
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