Eisai Surprise Winner in MGI Auction
Everyone knew that MGI Pharma was up for sale, but few expected mid-cap Japanese firm Eisai to emerge victorious. Eisai pushed its offer up to $41-per-share, all cash, even though there was only one other, non-definitive, offer on the table. The $3.3 billion deal nabs Eisai two records: the largest foreign acquisition by any Japanese pharma, and the year's largest specialty pharma purchase.
You may also be interested in...
Flush With Cash, Tesaro Advances Rolapitant Toward NDA
Tesaro’s three-drug oncology program, including its lead NK-1 product for chemo-induced nausea and vomiting, is boosted by a recent raise from the public markets.
Tesaro Scores $101M In A Second Round Of Funding
The Boston biotech has plans to use its Series B financing to fund its current research, as well as invest in other assets to flesh out its pipeline.
Best of the Blog: IN VIVO, June 2008
Best of the Blog is a monthly column highlighting the best of our free online content at www.windhover.com/blog. In June and early July, Windhover's editorial staff posted more than seventy articles to the site, covering biopharma, device and diagnostics R&D, business development, regulatory and commercial news. Highlights included our very first "fantasy dealmaking" post as well as our take on PhRMA's new marketing regulations. Here are a few of our favorite blog posts for stories not covered elsewhere in this month's IN VIVO.