European firms Amryt and Evotec have signed agreements to acquire two companies based across the Atlantic – Aegerion and Just Biotherapeutics, respectively.
Amryt Pharma PLC of Ireland agreed to buy Aegerion Pharmaceuticals Inc., a subsidiary of Canada's Novelion Therapeutics Inc., on 20 May, giving it full rights to Juxtapid/Lojuxta (lomitapide), the homozygous familial hypercholesterolemia drug it markets in Europe.
The all-paper transaction implies an equity valuation of $120m for Amryt and $190.7m for Aegerion and the company plans to...
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A court order encompassing funding, drug pricing, clinical trials and overall policy implementation aspects is expected to bring about a paradigm shift in the treatment of rare diseases in India. Sarepta, Roche and Sanofi are among the key players that have been part of pricing discussions.
