PerkinElmer to acquire TB test kit maker Oxford Immunotec for $591m

US medical diagnostic firm PerkinElmer has agreed to acquire Oxford Immunotec Global, a UK-based diagnostics company, for $22 per share or around $591 million. Oxford Immunotec is engaged…
Olympus to acquire US medical device firm Veran Medical Technologies for $340m

Olympus Corporation has signed a deal worth up to $340 million to acquire Veran Medical Technologies (VMT), a Missouri-based provider of advanced medical devices specializing in interventional pulmonology.…
Ensemble CMC Implant : Ensemble Orthopedics gets FDA 510(k) clearance

Ensemble Orthopedics has secured 510(k) clearance from the US Food and Drug Administration for its Ensemble CMC Implant for the treatment of patients with early-stage osteoarthritis of the…
India approves Saragene COVID-19 2-gene multiplex RT-PCR test

CoSara Diagnostics has secured clearance from the Indian Central Drugs Standard Control Organization (CDSCO) to manufacture and sell its Saragene COVID-19 2-gene multiplex RT-PCR test. The approval allows…
Sanofi to acquire UK-based biopharma company Kymab in $1.4bn worth deal

Sanofi acquisition of Kymab : French pharma giant Sanofi has signed a deal worth up…
Biocon launches immunosuppressive drug Tacrolimus capsules in US

Biocon, an Indian biopharma company, has expanded its generic formulations portfolio with the US launch…
Lilly to launch pragmatic study of Covid-19 drug candidate bamlanivimab in New Mexico

Eli Lilly and Company (Lilly) has revealed plans to launch a new pragmatic study of…
Novartis to acquire neuroscience company Cadent Therapeutics in $770m worth deal

Novartis acquisition of Cadent Therapeutics : Swiss pharma giant Novartis has agreed to acquire a…
Lilly to acquire US gene therapy company Prevail Therapeutics in $1bn deal

Eli Lilly and Company (Lilly) has signed a deal worth up to $1.04 billion to…
EQT offers to acquire Swedish CDMO Recipharm for $2.8bn

Swedish private equity company EQT Partners has offered to takeover Recipharm, a Swedish pharma contract…
AstraZeneca to acquire US biopharma company Alexion Pharmaceuticals for $39bn

AstraZeneca acquisition of Alexion Pharmaceuticals : Pharma giant AstraZeneca has signed a $39 billion deal…