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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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29.04.26 - 18:00
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AstraZeneca makes surprise U-turn with £300m pharma investment in UK (The Guardian)
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Drugmaker had stalled large-scale projects in England but has now pledged investment at two sites, announced by Keir StarmerBritain's biggest drugmaker AstraZeneca has said it will invest £300m in the UK in a surprise U-turn after pausing large-scale projects last year.The drugmaker had pulled back investments in Britain after becoming disillusioned with the business environment, including the availability of new medicines on the NHS and drug pricing. Continue reading......
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