Halozyme will pay $960m to acquire Antares, gaining an auto-injector drug delivery platform, which the company said has broad licensing potential, as well as a commercial portfolio.
Drug delivery specialist Halozyme Therapeutics, Inc. will buy Antares Pharma, Inc. for $960m in a buyout intended to expand the company's portfolio with its first commercial products and an auto-injector platform that could have broad licensing potential.
The companies announced the acquisition on 13 April, with Halozyme agreeing to buy Antares for $5.60 per share in cash,...
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