Aussie pharma CSL in talks to buy Swiss firm Vifor Pharma for USD 7B

CSL, the Australian giant, is in talks to buy Vifor Pharma in a deal that is valued at $7B, or A$10B. Vifor Pharma is a Swiss pharma company.
Analysts predict that as CSL buys Vifor Pharma it will be able to expand on its current portfolio to include manufacturing of drugs for kidney and heart disease. Currently, CSL pharmaceutical company is the largest manufacturer of blood plasma treatments.
The deal has been in the works since early 2021, but as the talks have become serious, Vifor Pharma’s shares have risen by almost a fifth, closing in at a 21% increase in the Swiss index.
CSL pharmaceutical company had seen a dip in collections for plasma due to COVID-19 pandemic restrictions. This is due to the fact that it is dependent on people coming for blood to be purchased by the company.
As CSL buys Vifor pharma, they will gain the ability to expand on their kidney transplant franchise, which is currently in its infancy stage. However, this will be a step away from their focus on the therapeutic area of medicine. Both companies have stated that they will not be commenting on the deal.

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  Zeiss and Boehringer Ingelheim have formed an AI-backed alliance
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  Novartis Receives Great Reviews For Iptacon Phase 3 Performance 
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  Roche pays Ionis $60 million for RNA-targeting Alzheimer’s and Huntington’s disease programs
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• Editorial Team

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• Editorial Team

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• Editorial Team

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• Editorial Team

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• Editorial Team

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• Editorial Team

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• Editorial Team

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• Editorial Team

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• Editorial Team

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• Editorial Team

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• Editorial Team

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• Editorial Team

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• Editorial Team

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• Editorial Team

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• Editorial Team

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• Editorial Team

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• Editorial Team

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• Editorial Team

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• Editorial Team

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• Editorial Team

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• Editorial Team

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• Editorial Team

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• Editorial Team

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• Editorial Team

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• Editorial Team

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• Editorial Team

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• Editorial Team

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• Editorial Team

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• Editorial Team

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• Editorial Team

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• Editorial Team

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• Editorial Team

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• Editorial Team

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• Editorial Team

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• Editorial Team

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• Editorial Team

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• Editorial Team

  U.S. to buy additional $1B of Merck’s Covid-19 drug
• Editorial Team

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• Editorial Team

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• Editorial Team

  Renewed Drug-Pricing Plan by White House Looms over Biotech and Pharma Industry
• Editorial Team

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• Editorial Team

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• Editorial Team

  Amarin goes from conventional to digital marketing for its icosapent ethyl drug VASCEPA
• Editorial Team

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• Editorial Team

  Chinese Pharma Companies Pushing for Global Reach with focus on R&D
• Editorial Team

  Takeda looks to expand vaccine business with traction in Covid-19 and dengue
• Editorial Team

  Takeda Pharmaceutical gets FDA nod for lung cancer drug Exkivity
• Editorial Team

  Purdue Pharma’s Executives to Get Massive $7M Bonus authorized by federal judge
• Editorial Team

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• Editorial Team

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• Editorial Team

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• Editorial Team

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• Editorial Team

  Japan investigating if Moderna vaccine contamination caused death of three people
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• Editorial Team

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• Editorial Team

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• Editorial Team

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• Editorial Team

  Celltrion gets Canadian priority review for Covid-19 antibody treatment, Regdanvimab
• Editorial Team

  Covid-19 booster shot roll out plan expected to be finalized by FDA by end of Q3
• Editorial Team

  Softbank now has $5B stake in Roche for its ability to develop drugs using data
• Editorial Team

  Bayer relying on Kerendia to drive pharma business growth with five kidney indications in sight
• Editorial Team

  Covid-19 pandemic is helping push sales of Novo Nordisk’s weight-loss drug
• Editorial Team

  Bayer to acquire Vividion Therapeutics for over $2B to boost its drugs pipeline
• Editorial Team

  Regeneron is market winner in COVID-19 antibodies with $2.6B sales
• Editorial Team

  Astellas and Minovia partner to develop treatments for mitochondrial cell therapies
• Editorial Team

  Advanz Pharma to pay $140M fine in UK for price hikes on its thyroid drug
• Editorial Team

  Enyo Pharma’s liver disease drus Vonafexor meets its phase 2a clinical study goals
• Editorial Team

  Roche relying on Polivy’s $2B potential to weather biosimilar storm
• Editorial Team

  Amgen to buy Teneobio for $2.5B to further its antibody interests
• Editorial Team

  Pfizer to cough up $345 million to resolve lawsuits over EpiPen price hikes.
• Editorial Team

  BMS’s Opdivo and Yervoy fail to show efficacy and safety in squamous head and neck cancer
• Editorial Team

  GSK gets EU order for its investigational monoclonal COVID-19 antibody therapy
• Editorial Team

  NRx Pharma’s ZYESAMI™ approved for emergency use Covid critical care in Georgia
• Editorial Team

  Kintor and Fosun sign licensing agreement to market Covid-19 drug in India and 28 African nations
• Editorial Team

  FDA adds Guillain-Barre syndrome warning to Johnson & Johnson Covid-19 vaccine
• Editorial Team

  Is Biogen’s Alzheimer’s drug worth $56K? Experts say $8400 and raise questions about efficacy
• Editorial Team

  AstraZeneca and FibroGen hit FDA committee’s safety data firewall for roxadustat
• Editorial Team

  NRx Pharmaceuticals signs deal for clinical trials of Israel’s homegrown Covid-19 vaccine
• Editorial Team

  Pharma manufacturers lawsuits against payers and benefit managers preferred drugs are on FTC’s radar
• Editorial Team

  Roche to lay off 300 to 400 employees in product development jobs
• Editorial Team

  Activist investor Elliott Management asks for new board and CEO to reapply
• Editorial Team

  Centrient Pharmaceuticals doubles its statin production capacity with a new manufacturing facility
• Editorial Team

  Tetra Bio-Pharma’s ARDS-003 combined with antiviral drugs significantly reduces viral replication
• Editorial Team

  Arrowhead and Horizon sign $700M collaboration deal to to Develop RNAi drug for uncontrolled gout
• Editorial Team

  Cusatuzumab back in Argenx’s court as Janssen’s Cilag discontinues partnership
• Editorial Team

  Verona Pharma signs $219 million deal with Nuance Pharma to market Ensifentrine in greater China
• Editorial Team

  In migraine drug battle, Eli Lilly to be sued by Teva after securing patents for Ajovy.
• Editorial Team

  Camber Pharmaceuticals to bring generic Toprol XL to the market
• Editorial Team

  Eton Pharma gets FDA nod on Rezipres® for treatment of hypotension in anesthesia settings
• Editorial Team

  Vertex scores FDA nod for kids’ cystic fibrosis drug Trikafta
• Editorial Team

  Surrounded by controversy, FDA approves Biogen’s Alzheimer’s drug Aduhelm
• Editorial Team

  Clinical-stage Pieris Pharma signs agreement with Genentech for respiratory and ophthalmology therapies
• Editorial Team

  Bristol Myers Squibb’s multiple sclerosis drug Zeposia gets FDA approval for ulcerative colitis
• Editorial Team

  Novo Nordisk resubmits Ozempic for FDA review with new dosing regimen
• Editorial Team

  Amgen’s KRAS drug gets early FDA approval for lung cancer with specific mutation
• Editorial Team

  Myovant Sciences and Pfizer get the FDA nod on MYFEMBREE® to treat heavy menstrual bleeding with once a day treatment
• Editorial Team

  Roche is the biggest R&D spender investing 23.8% of its total sales
• Editorial Team

  NiKang Therapeutics raises $200m in Series C funding for new small molecules in oncology
• Editorial Team

  With the best pipeline in the industry, Lilly’s stock and valuation soar in 2021
• Editorial Team

  Third antibody treatment for early COVID infection approved by the FDA
• Editorial Team

  Singapore based Engine Biosciences raises $43M to grow its digital drug discovery
• Editorial Team

  Bristol-Myers Squibb and Agenus enter a $1.56bn definitive agreement to support cancer programme
• Editorial Team

  Novartis subsidiary Sandoz increasing its antibiotics manufacturing capacity in Europe with $183m investment
• Editorial Team

  Aerpio Pharmaceuticals and Aadi Bioscience merge with continued focus on advancing Fyarrotm
• Editorial Team

  Japan’s MHLW approves AstraZeneca and Moderna Covid-19 vaccines
• Editorial Team

  Janssen files for Covid19 vaccine approval in Japan
• Editorial Team

  With future in sight, GSK sells it stake in respiratory drug firm Innoviva
• Editorial Team

  HBC enters a global innovation alliance with Catalent to develop delayed-release softgel capsules
• Editorial Team

  Incyte agrees to pay $12.6M to settle kickback allegations
• Editorial Team

  Sanofi accused of widespread employee email deletion tied to its 2019 recall of Zantac
• Editorial Team

  Cerecor’s Covid-19 antibody treatment will get fast-track treatment from FDA
• Editorial Team

  Japan-based Nipro Pharma Packaging acquires Croatian manufacturer Piramida
• Editorial Team

  Most life sciences executives say digital delivery of drugs is the future of health
• Editorial Team

  Democrats demand US pharmaceutical companies on their plan to share vaccine IP as pandemic wreaks havoc in India
• Editorial Team

  Pfizer looks to build on its infectious disease expertise with Amplyx acquisition
• Editorial Team

  Potentially tough road for BMS as immuno-oncology pricing war looms
• Editorial Team

  Israel is examining Covid-19 vaccine related cases of myocarditis