AstraZeneca global pharmaceutical company merges with Acepta Pharma

AstraZeneca global pharmaceutical company merges with Acepta Pharma

18.12.2015 News

AstraZeneka global pharmaceutical company merges with Acepta PharmaOn Thursday, the British drugmaker AstraZeneca said it agreed to buy a controlling stake in the biotech company Acerta Pharma for $ 4 billion.

Analysts point out that the operations that were carried out in the health sector helped to make 2015 a record year for mergers and acquisitions.

In the legal field, the merger is profitable for pharmaceutical companies. They are used to optimize production, to unite the efforts to develop new products.

Buying Acepta Pharma will help AstraZeneca to strengthen and develop the production of drugs for the treatment of cancer at a later stage, said in an interview the executive director of AstraZeneca Pascal Soriot.

In accordance with the terms of the deal, AstraZeneca will acquire 55% stake in the Acerta. The initial payment will be paid in the amount of $ 2.5 billion. The remaining $ 1.5 billion the company will pay in 2018, or upon approval by the US regulatory authorities akalabrutinib drug that is intended for the treatment of cancer pathology.

Experts predict that if the drug is approved by regulators, the annual amount of its sales could reach $ 5 billion.

 «AstraZeneca» can buy the remaining shares «Acerta Pharma» for $ 3 billion, but it will happen after akalabrutinib get a license in the United States and Europe. And the purchase of a full package of shares would be effected in the case if the drug is successfully implemented.

The AstraZeneca has big plans aimed at merging. In November, it agreed to buy California biopharmaceutical company ZS Pharma for $ 2.7 billion in cash. This week, AstraZeneca also announced that it would buy the Japanese Takeda Pharmaceutical Company of Japan for $ 575 million.

Source: www.nytimes.com

Other articles

Read also

AstraZeneca global pharmaceutical company merges with Acepta Pharma
News

Airbnb will try to get an estimate of $ 35 billion for an IPO

According to Bloomberg, citing documents submitted to the Securities and Exchange Commission (SEC), the short-term rental service Airbnb plans to raise $ 2.6 billion in listing in the US and receive an estimate of $ 35 billion. If the company manages to raise $ 2.6 billion, Airbnb’s placement will be the fourth largest IPO in […]

Next
AstraZeneca global pharmaceutical company merges with Acepta Pharma
News

The four-day workweek is becoming increasingly popular in the world

Over the past three years, the number of vacancies in the world has tripled with a four-day working week. Their number increased to 62 per 10,000. It is noted that the effectiveness of the reduced working week is also confirmed by the results of research conducted by the British think tank Autonomy. “The four-day week […]

Next
AstraZeneca global pharmaceutical company merges with Acepta Pharma
News

M & A transactions in the amount about $ 2.4 billion

Recently  in a world of M&A another significant deal was concluded. The CMA CGM French company, that occupies the third place in the world and specializes in the sphere of container shipping  concluded the deal with Singapore shipping company Neptune Orient Lines (NOL), which incurs losses for the last several years. The agreement is valued […]

Next
AstraZeneca global pharmaceutical company merges with Acepta Pharma
News

Deutsche Bank was able to resolve the conflict with the United States: the case is closed

Deutsche Bank was able to resolve the conflict with the US regulator, agreeing with the charges of tax evasion and taking on the obligation to pay a fine in the amount of $ 95 million. It is reported by financial portal MinFin with reference to the foreign sources. In a statement, the bank’s press secretary […]

Next
AstraZeneca global pharmaceutical company merges with Acepta Pharma
Analytics News

The Results of the Presidential elections in the USA

The victory of the candidate of republicans at presidential elections in the United States of America became a big surprise for the world community. Despite the fact that most the analytical bureaus holding authority on the USA relied on democrats, Donald Trump could collect 290 votes of delegates, therefore, became the forty-fifth President of America. […]

Next
AstraZeneca global pharmaceutical company merges with Acepta Pharma
News

About 2,500 Boeing 737s will be tested for malfunction

The US Federal Aviation Administration (FAA) has ordered the state airline to inspect about 2,500 Boeing 737 aircraft for defective relays and cabin pressure drops. “An undetected failure of both relays could slow the crew’s detection of insufficient cabin pressure and result in the crew losing their ability to work due to hypoxia and, as […]

Next
AstraZeneca global pharmaceutical company merges with Acepta Pharma
News

NASA has signed the contract with Nokia to launch 4G on the moon

NASA has provided to Nokia with $ 14.1 million to deploy 4G (LTE) network on the moon. The US space agency noted that telecommunications networks of this standard will be able to provide more reliable than radio signals, communication on the Earth’s satellite, where it is planned to build the lunar base by 2028. NASA […]

Next
AstraZeneca global pharmaceutical company merges with Acepta Pharma
News

Britain intends to start vaccination against coronavirus in December

The British government hopes that in the coming weeks the relevant authorities of the country will register two vaccines against coronavirus. Boris Johnson, the Prime Minister announced it in an interview with Sky News on Monday, November 30. “So far, no vaccine has been approved for use by the Medicines and Medical Devices Agency. However, […]

Next
AstraZeneca global pharmaceutical company merges with Acepta Pharma
News

Ukrhazvydobuvannia Tender won the company with hazy biography

It became aware the results of the tender of Ukrhazvydobuvannia by 13.3 billion UAH on the organization of drilling gas wells. The winner was a little-known company Pivnichhazresurs,the charter capital of which is only 74 thousand UAH, and the staff consists of two people. Also, it should be noted that on account of the above-mentioned […]

Next
AstraZeneca global pharmaceutical company merges with Acepta Pharma
News

McLaren has introduced a hybrid sports car

McLaren has introduced the McLaren Artura hybrid sports car. The car is equipped with a 3-liter V6 engine with dual supercharging and an electric battery. The total power of the sports car is 671 horsepower and torque is 531 Nm. The McLaren Artura sports car accelerates to 96 km / h in 3 seconds. The […]

Next
AstraZeneca global pharmaceutical company merges with Acepta Pharma
News

The transaction between Dow Chemical Company and DuPont will be the largest on the market of mergers and acquisitions in 2015

The agreement between two chemical corporations will make a company with a market value of $ 120 million. According to information of WSJ, two companies began to discuss  the merger in November 2015. Now representatives of the enterprises carry out the last part of the negotiations between the leaders. When companies announced about agreement between […]

Next
AstraZeneca global pharmaceutical company merges with Acepta Pharma
News

Panasonic intends to invest $ 150 million into the development of AI

Panasonic has announced plans to invest $ 150 million in machine learning technology and artificial intelligence systems based on neural networks. The Japanese electronics manufacturer plans to invest part of the funds allocated under the venture fund Conductive Ventures II in promising developers of software and equipment for various industries, incl. autopilot, finance, digital healthcare, […]

Next
AstraZeneca global pharmaceutical company merges with Acepta Pharma
News

Biden overturned Trump’s decree banning TikTok

US President Joe Biden on Wednesday, June 9, signed a decree lifting restrictions against Chinese services TikTok and WeChat, imposed by former President Donald Trump. The press service of the White House reports. This is a decree of August 2020 on restrictions against the Chinese companies ByteDance and Tencent, which own the video service TikTok […]

Next
AstraZeneca global pharmaceutical company merges with Acepta Pharma
News

Peloton launches a new exercise bike and treadmill

Shares of Peloton Interactive, which rose 184% since the beginning of the year, fell 3.6% over the past three trading days, despite two price target increase from experts of investment companies. Last week, JP Morgan raised its target price for Peloton shares from $ 58 to $ 105. On Friday, analysts at JMP Securities raised […]

Next
AstraZeneca global pharmaceutical company merges with Acepta Pharma
News

The World Bank has improved its forecast for Ukraine’s GDP

The World Bank has maintained its forecast for Ukraine’s GDP recovery in 2021 at 3.8% after falling by 4.0% in 2020. The economic growth forecast for the next 2 years has improved, according to the World Bank report. In particular, according to the new forecast, Ukraine’s economy will grow by 3.5% in 2022 and by […]

Next
AstraZeneca global pharmaceutical company merges with Acepta Pharma
News

The price of oil is falling due to rising reserves in the United States

Oil becomes cheaper due to a sharp increase of reserves in the US and an increase in the number of coronavirus cases, which has raised fears of oversupply and weakening demand. This is evidenced by the data of stock trading on the site Investing.com published on Wednesday, October 28. In particular, the price of December […]

Next
WP2Social Auto Publish Powered By : XYZScripts.com