Merck Adds Biosimilar Capabilities, Insmed Gets Fresh Start In $130M Deal
Executive Summary
A virtually broke biotech finds itself flush with cash while a major pharma's recently launched follow-on biologics play now enjoys an expanded pipeline and increased research and manufacturing capabilities - that's the outcome of a transaction labeled "a win/win for both parties" by Insmed CEO Geoffrey Allan
You may also be interested in...
Merck Eyes Emerging Biosimilars Market In Japan
The company's Japanese subsidiary Banyu Pharmaceutical has started domestic trials for its generic erythropoietin, poised to be Merck's first biosimilar launch.
Merck Buys Contract Manufacturing Org Avecia To Advance Biologics Strategy
With the acquisition, Merck gains a contract manufacturing organization with specific expertise in microbial-derived biologics.
Xencor Set To Spruce Up Pfizer Antibodies
Pfizer gains wide access to test-drive antibody-enhancing tools via new licensing deal.