German healthcare company Fresenius SE & Co. pursues a second major international deal in less than year, as new CEO confirms interest in US generics firm Akorn.
Following on from its acquisition of Spanish private hospital group Quironsalud for $6.1bn in 2016, Fresenius SE & Co. KGAA is in talks to acquire US company Akorn Inc.; the generics firm is currently valued at around $3.7bn, which includes an 18% premium following a share price surge when news of the discussions broke. Akorn generated around $1.1bn in sales in 2016.
Fresenius promoted its CFO Stephan Sturm to the CEO role in July last year.
Melinta Therapeutics has prevailed at the Federal Circuit in a patent dispute over its reformulated intravenous antibiotic Minocin, with the appeals court upholding both infringement and validity and leaving Nexus Pharmaceuticals barred from launching a generic until 2031.
Mounjaro, Eliquis, and Darzalex buck the Q1 trend to make gains
The UK government has said it will invest almost £30m ($40.4m) in AI technologies to modernize the NHS and reduce wait times – but for the medtech sector, the devil will be in the details.
The UK government has said it will invest almost £30m ($40.4m) in AI technologies to modernize the NHS and reduce wait times – but for the medtech sector, the devil will be in the details.
Mounjaro, Eliquis, and Darzalex buck the Q1 trend to make gains
