Shire Acquires Baxalta in $32 Billion Deal
Shire’s acquisition of Baxalta creates a leading company for rare disease drugs.
Shire and Baxalta have announced $32 billion agreement under which Shire will combine with Baxalta, creating a company with the top rare diseases platform in revenue and pipeline depth, the companies reported in a Jan. 11, 2016 press statement. The new company is projected to achieve annual revenues of $20 billion by 2020.
Shire reports that the combined companies will have products in growing franchises in hematology; immunology; neuroscience; lysosomal storage diseases; gastrointestinal/endocrine; hereditary angioedema; and oncology; as well as a late-stage ophthalmics pipeline.
Baxalta shareholders will hold approximately 34% ownership in the combined company. The parties expect the transaction to close mid-2016.
Source: Shire
Drug Solutions Podcast: A Closer Look at mRNA in Oncology and Vaccines
April 30th 2024In this episode fo the Drug Solutions Podcast, etherna’s vice-president of Technology and Innovation, Stefaan De Koker, discusses the merits and challenges of using mRNA as the foundation for therapeutics in oncology as well as for vaccines.
Understanding the Variability in Bioburden Test Results in Biomanufacturing
May 7th 2025This article explores the impact of test volume, microbial distribution, and dilution errors on bioburden testing variability. It presents statistical approaches to estimate percentage error and discusses strategies to optimize microbial enumeration techniques in biopharmaceutical quality control.
Drug Solutions Podcast: Gliding Through the Ins and Outs of the Pharma Supply Chain
November 14th 2023In this episode of the Drug Solutions podcast, Jill Murphy, former editor, speaks with Bourji Mourad, partnership director at ThermoSafe, about the supply chain in the pharmaceutical industry, specifically related to packaging, pharma air freight, and the pressure on suppliers with post-COVID-19 changes on delivery.
Intertek to Expand UK GMP Facility with 6000 Square Feet of Lab and Office Space
May 7th 2025The company said the expansion is in response to globally rising demand for inhaled biologics, which offer distinct advantages in route of administration, but can be challenging products for developers.
