DUBLIN, Ireland – In a sharp slap in the face to the company's management and its would-be acquirer Royalty Pharma, shareholders in Elan Corp. plc voted down three of four motions tabled at an extraordinary general meeting Monday.
Valneva SE priced its previously flagged and fully underwritten €40 million (US$53.3 million) rights issue at €2.65 per share, a steep discount on the company's prevailing share price of €4.61 immediately prior to the final pricing decision.
DUBLIN, Ireland – Royalty Pharma's bitter and protracted takeover battle for Elan Corp. plc will, one way or another, reach a climax next Monday when Elan shareholders vote on the company's recent M&A deals.
DUBLIN, Ireland – Royalty Pharma's bitter and protracted takeover battle for Elan Corp. plc will, one way or another, reach a climax next Monday when Elan shareholders vote on the company's recent M&A deals.
German biotech received a badly needed boost this week with the news that GlaxoSmithKline plc was in-licensing MOR103, an antibody in clinical development in rheumatoid arthritis (RA) and multiple sclerosis (MS) at veteran antibody developer Morphosys AG, in return for an up-front payment of €22.5 million (US$29 million), plus another potential €423 million in milestones linked to its progress through clinical development, regulatory approval and sales.
GHENT, Belgium – Patrik De Haes, CEO of Thrombogenics NV, rang the opening bell – albeit remotely – on the NYSE Euronext Brussels exchange to kick off proceedings at the 2013 Knowledge For Growth meeting at the International Convention Center in Ghent, Belgium, last Thursday.
GHENT, Belgium – The pharmaceutical industry has enjoyed 60 years of stability and is now – whether it likes it or not – ripe for disruption. That was the main message Bernard Munos, of InnoThink Center for Research in Biomedical Innovation in Indianapolis, delivered to delegates at a heavily attended keynote at the Knowledge for Growth meeting at the International Convention Center last week.
German biotech received a badly needed boost this week with the news that GlaxoSmithKline plc was in-licensing MOR103, an antibody in clinical development in rheumatoid arthritis (RA) and multiple sclerosis (MS) at veteran antibody developer Morphosys AG, in return for an up-front payment of €22.5 million (US$29 million), plus another potential €423 million in milestones linked to its progress through clinical development, regulatory approval and sales.
GHENT, Belgium – Patrik De Haes, CEO of Thrombogenics NV, rang the opening bell – albeit remotely – on the NYSE Euronext Brussels exchange to kick off proceedings at the 2013 Knowledge For Growth meeting at the International Convention Center in Ghent, Belgium, last Thursday.
GHENT, Belgium – The pharmaceutical industry has enjoyed 60 years of stability and is now – whether it likes it or not – ripe for disruption. That was the main message Bernard Munos, of InnoThink Center for Research in Biomedical Innovation in Indianapolis, delivered to delegates at a heavily attended keynote at the Knowledge for Growth meeting here at the International Convention Center.
