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

  • globallogic healthtech 1
    News

    GlobalLogic engineers help create nearly 10% of the global medical device market

    Last year, the global medical device market reached $532.62 billion, according to Mordor Intelligence. Ukrainian engineers are involved in the projects of key players, which occupy almost 10% of the market. This share can be estimated at 50 billion US dollars*. Domestic specialists create more than a hundred software solutions of various levels. These include […]

  • 2779913
    News

    Twitter працює над відновленням відеосервісу Vine

    Новий власник Twitter Ілон Маск доручив інженерам попрацювати над перезавантаженням Vine, яке може бути готове до кінця нинішнього року. Про це повідомляє Axios. Зазначається, що інженерам компанії необхідно вивчити стару кодову базу відеосервісу, яка не змінювалася та не оновлювалася з моменту закриття, а саме з 2016 року, коли з’ясувалося, що майданчик не витримує конкуренції. Втім, одне з […]

  • picturepicture 156446930057951110266878 96171
    News

    CREDIT AGRICOLE TOPS THE SOCIAL RESPONSIBILITY RATING AMONG BANKS ACCORDING TO STANDARD-RATING

    Credit Agricole has been ranked first in the social responsibility rating of the banking sector, created by Standard-Rating based on the 2022 half-year results. The rating agency commended the bank’s contribution to the economy of Ukraine. The bank has paid UAH 100 million in taxes in advance, while issuing UAH 1.2 billion in loans under […]

  • impact automotive
    News

    How Ukrainian developers make impact on road safety

    From October 1, drivers must turn on the dipped headlights of the car outside the city. This helps to additionally mark the vehicle in conditions of low visibility within the autumn-winter period. GlobalLogic reminds about the importance of compliance with traffic rules and tells about the developments of Ukrainian engineers that affect road safety. In […]

  • 750x450 press release image ua
    News

    Intellias completes acquisition of Digitally Inspired, strengthening expertise in the Retail and eСommerce industry

    Intellias, a global software engineering and digital consulting company, has announced the completion of its acquisition of Digitally Inspired, a fast growing, UK based peer, focusing on the Retail and eCommerce industry. “I am delighted to welcome the Digitally Inspired team to Intellias. It is symbolic that Intellias’ twentieth anniversary coincided with signing an agreement […]

  • shutterstock 1920327596
    News

    3×4, a recently-founded Ukrainian Web3 fundraising platform, launches its first campaign

    3×4, a Web3 fundraising platform for non-profits, has been launched in Ukraine to bring innovative crypto & NFT fundraising to the rising number of social impact causes. 3×4 helps non-profit organizations to fundraise utilizing NFTs in collaborations with artists and brands while providing donors utility, revenue and transparency. The idea of 3×4 was born in […]

  • 632595f853279441907151 730x410
    News

    The September, 29 will take place the international investment forum REBUILDING UKRAINE WITH THE PRIVATE SECTOR: International Investment Fair

    In order to present existing opportunities and draw attention of the international business community, UkraineInvest organizes an international forum with the participation of leading business representatives and expert environment of Ukraine and the world. The need to rebuild Ukraine creates a variety of attractive investment projects aimed at contributing to shaping a new economy of […]

  • Україна планує запровадити нове мито на імпорт
    News

    Україна планує запровадити нове мито на імпорт

    Проект, що його розробляє уряд, визначає введення 10% збору на купівлю іноземної валюти імпортерами. Деталі ініціативи Кабміну повідомив нардеп Ярослав Железняк, який є заступником голови податкового комітету Верховної Ради. “Тут варто зазначити, що обрана концепція не передбачає додаткових імпортних мит (що є складним при адмініструванні), а визначає запровадження 10% збору на валютообмінні операції із купівлі всіх […]

Read also

425x283  Ukr
News

CISOLAR 2019 submit new opportunities for developing solar energy in Central and Eastern Europe

On April, 16-18 in Kyiv will be held the main business event of region in solar energy field devoted to latest technology, trends and investments opportunities – CISOLAR 2019, 8th International Solar Energy Conference and Trade Show of Central and Eastern Europe. Today solar energy development is one of priority areas for investors in the […]

Next
AstraZeneca global pharmaceutical company merges with Acepta Pharma
News

The US Federal Reserve has kept the base rate at the same level

The US Federal Reserve maintained the base interest rate at 0-0.25%, as expected by the market. This is stated in the message of the financial regulator following a meeting of its leadership. “The Committee has decided to keep the target rate range for federal funds at 0-0.25% and considers it appropriate to maintain this range […]

Next
AstraZeneca global pharmaceutical company merges with Acepta Pharma
News

Panasonic invests $ 260 million in a joint project with Tesla

Panasonic Corporation shareholders intend to invest $ 260 million in the  continuation of construction for production of solar plant in the State of New York (Buffalo). This is reported by foreign journalists edition of The Wall Street Journal referring to representatives of the Japanese company. According to official information, the company will be put into […]

Next
AstraZeneca global pharmaceutical company merges with Acepta Pharma
News

Ukraine has attracted almost 2 billion from the sale of IGLBs

The Ministry of Finance held an auction for the sale of domestic government bonds (IGLBs), which raised UAH 1.89 billion to the state budget. This was reported by the press service of the Ministry of Finance on Tuesday, August 3. In total, investors were offered five issues of securities in hryvnia. The weighted average yield […]

Next
snymok 222
Analytics

URE Club: 10 years of creating opportunities

In autumn 2008, when the companies did not seem to take care about participation in associations, an absolutely new union, unique both regarding a format and essence, appeared at the real estate market of Kyiv. It is the union that, for a decade, has been successfully helping to solve the most topical issues in the […]

Next
AstraZeneca global pharmaceutical company merges with Acepta Pharma
News

The State Statistics Service has improved the quarterly economy

According to the updated data of the State Statistics Service, Ukraine’s GDP growth in the second quarter of 2021 was 5.7% in annual terms, which is 0.3% higher than the previous estimate. In particular, for six months the nominal GDP was UAH 1 trillion 169.4 billion, and per capita – UAH 28.19 thousand. Compared to […]

Next
AstraZeneca global pharmaceutical company merges with Acepta Pharma
News

Telegram has 70 million new users amid Facebook failure

Telegram Messenger registered more than 70 million new users against the background of a large-scale failure of the social network Facebook and its services. The founder of the messenger Pavlo Durov announced this in his Telegram-channel. “Telegram’s daily growth rate is an order of magnitude higher than normal, and in one day we have received […]

Next
AstraZeneca global pharmaceutical company merges with Acepta Pharma
News

Facebook has extended the remote mode of work of employees until June 2021

US Employees of Facebook were allowed to work in a remote location by June next year. Most Facebook personnel were switched to remote mode in late March, and in April, CEO Mark Zuckerberg said that it is the last among of those to resume working in the office at the end of a pandemic of […]

Next
AstraZeneca global pharmaceutical company merges with Acepta Pharma
News

Founder of the EBay, Pierre Omidyar, has left the company’s board of directors

Founder of the platform for online auctions of the eBay Pierre Omidyar will leave the company’s board of directors and receive the title of Director Emeritus, according to release in the eBay. “For 25 years I have proudly watched as the company that I created, opened up the economic opportunities for people around the world. […]

Next
AstraZeneca global pharmaceutical company merges with Acepta Pharma
News

“Biscuit-Chocolate” invested € 8 million in the development of production capacity

Confectionery Corporation “Biscuit-Chocolate” has invested € 8 million in the development of the production capacity in 2015. This is stated in the report of the corporation. According to the President of the corporation Alla Kovalenko, investments were directed including the introduction of new technologies, enabling enterprises to manufacture products that are still not produced in […]

Next
AstraZeneca global pharmaceutical company merges with Acepta Pharma
News

Coca-Cola cannot produce kvass in Ukraine during the next two years

The Antimonopoly Committee of Ukraine ordered the Irish “daughter” of Coca-Cola to refrain from the competing with the “Kvass Beverages” company, which it  sold to the Nova Intertrade Ltd company (Belize) for two years. “The European Refreshments company undertakes not to exercise, not to have a stake, and not to contribute to competitive activity in […]

Next
AstraZeneca global pharmaceutical company merges with Acepta Pharma
News

The state will sell its stake in Lufthansa in the next two years

The Fund for Economic Stability (WSF), created by the German government, saved the largest German airline from bankruptcy after the collapse of air traffic in March 2020 with billions of infusions, but now there is a way out of the crisis, the concern said. Lufthansa intends to return to the state by the end of […]

Next
AstraZeneca global pharmaceutical company merges with Acepta Pharma
News

IBI-Rating and UCRA announced a merger

The rating agency IBI-Rating and the Ukrainian credit rating agency (UCRA) announced a merger. Both companies have the status of authorized rating agencies of the National Commission on Securities and Stock Market of Ukraine and are engaged in the business on the credit rating according to the National Rating Scale. It is reported by the […]

Next
snymok 0
Analytics

Investment flows of Ukraine

Unfortunately, most businesses in our country learn about foreign investments from the media but not directly from their own production facilities. Despite the recent positive changes in the state, we still can’t talk about a high or at least a satisfactory level of foreign direct investment in the Ukrainian economy. FOREIGN DIRECT INVESTMENT According to […]

Next
AstraZeneca global pharmaceutical company merges with Acepta Pharma
News

German Lufthansa has accepted a new restructuring package

German airline Deutsche Lufthansa AG on Monday took the third package of measures restructuring of business because of poor dynamic aviation market recovery, according to a press release. “Forecasts for international flights have deteriorated significantly in recent weeks. With the end of the summer holiday season, the number of passengers and bookings is declining again […]

Next
AstraZeneca global pharmaceutical company merges with Acepta Pharma
News

Uber is willing to sell the part of its stake in Didi for 6,3 billion

Taxi service Uber Technologies Inc. wants to sell the part of its stake in the Chinese taxi ordering service Didi Chuxing worth $ 6.3 billion, writes Bloomberg agency. According to sources, Uber is negotiating the sale of shares in Didi with Japanese company SoftBank Group, which is the major shareholder in both companies. “Although various […]

Next