{"title":"IMS PharmaDeals Review of 2014","authors":"Taskin Ahmed, Heather Cartwright","doi":"10.3833/pdr.v2015i3.2096","DOIUrl":"https://doi.org/10.3833/pdr.v2015i3.2096","url":null,"abstract":"M&A and partnering deal values soared in 2014, in what was a record-breaking year for dealmaking in the life sciences sector. After mostly abstaining from acquisitions in 2013, big pharma appetite for M&A increased significantly, despite an overall downturn in deal activity, and the multibillion dollar deal returned to prominence. Creativity in M&A also emerged, as evidenced by the asset swapping between GlaxoSmithKline (GSK) and Novartis, and speciality pharma consolidation continued apace. On average, licensing upfront payments and deal values increased markedly as compared to 2013 with large pharmaceutical companies willing to pay a sizeable premium for attractive clinical-stage assets in order to compete in key therapeutic areas. For the second year running, AstraZeneca was the most prolific dealmaker with Johnson & Johnson (J&J) and Roche following closely behind. Oncology, and the field of immuno-oncology in particular, continued to dominate the dealmaking landscape.","PeriodicalId":19951,"journal":{"name":"Pharmadeals Review","volume":"47 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2015-10-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"90400213","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Juno Therapeutics and Editas Medicine Collaborate to Develop Next-Generation CAR-T Therapeutics Using CRISPR/Cas9","authors":"Keshav Mahawar, Heather Cartwright","doi":"10.3833/pdr.v2015i6.2108","DOIUrl":"https://doi.org/10.3833/pdr.v2015i6.2108","url":null,"abstract":"Signalling its intent to stay at the head of the cellular immunotherapy field, Juno Therapeutics has agreed to collaborate with genome editing specialist Editas Medicine to create next-generation chimeric antigen receptor (CAR-T) and high-affinity T cell receptor (TCR) therapies for the treatment of cancer. With the deal, Juno will leverage Editas’ CRISPR (clustered, regularly interspaced short palindromic repeats)/Cas9 (CRISPR-associated protein 9) technology with the aim of expanding its pipeline into solid tumours.","PeriodicalId":19951,"journal":{"name":"Pharmadeals Review","volume":"79 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2015-06-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"87907643","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"AstraZeneca Bolsters Immuno-Oncology Portfolio via Deals with Celgene and Innate Pharma","authors":"Smita Mishra, Heather Cartwright","doi":"10.3833/PDR.V2015I5.2102","DOIUrl":"https://doi.org/10.3833/PDR.V2015I5.2102","url":null,"abstract":"With a pair of deals worth more than US$1.7 B, AstraZeneca has taken steps to strengthen and expand its immuno-oncology portfolio, partnering with Innate Pharma for the co-development and commercialisation of the Phase II anti-NKG2A antibody IPH2201 and out-licensing its immune checkpoint inhibitor MEDI4736 (durvalumab) to Celgene for development in haematological malignancies. AstraZeneca also plans to test the two assets in combination in solid tumours, adding to the company’s broad programme of combination trials in immuno-oncology.","PeriodicalId":19951,"journal":{"name":"Pharmadeals Review","volume":"10 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2015-05-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"87365462","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"AbbVie Gambles US$21 B that Pharmacyclics’ Imbruvica® will Achieve Upside Potential","authors":"Heather Cartwright","doi":"10.3833/PDR.V2015I3.2099","DOIUrl":"https://doi.org/10.3833/PDR.V2015I3.2099","url":null,"abstract":"Paying a huge premium to acquire an on-market asset with multi billion dollar revenue potential, AbbVie has trumped Johnson & Johnson (J&J) with a US$21 B deal to acquire Pharmacyclics. Key to the acquisition is Imbruvica® (ibrutinib), a Bruton’s tyrosine kinase (Btk) inhibitor that is approved for a number of B-cell malignancies.The purchase price has shocked many industry observers, effectively valuing Imbruvica as it does at a staggering US$42 B given J&J’s 50% interest in the drug. After being forced to halt its bid to acquire Shire, the deal is another attempt by AbbVie to diversify its business beyond Humira® (adalimumab).","PeriodicalId":19951,"journal":{"name":"Pharmadeals Review","volume":"62 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2015-03-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"84989844","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"BMS Bets US$800 M Upfront That Flexus’ Preclinical IDO1 Inhibitor Is Best-in-Class","authors":"Heather Cartwright","doi":"10.3833/pdr.v2015i3.2098","DOIUrl":"https://doi.org/10.3833/pdr.v2015i3.2098","url":null,"abstract":"In by far the largest deal to date in the immuno-oncology sector in terms of upfront consideration, Bristol-Myers Squibb (BMS) has agreed to acquire start-up Flexus Biosciences for US$800 M plus up to US$450 M in development milestones that could be achieved within 3 years. The deal adds a preclinical-stage IDO1 (indoleamine 2,3-dioxygenase 1)inhibitor programme to BMS’ burgeoning cancer immunotherapy pipeline. On the same day, the company also announced a collaboration with Rigel Pharmaceuticals that is focused on another immunotherapeutic approach, namely TGF beta inhibition.","PeriodicalId":19951,"journal":{"name":"Pharmadeals Review","volume":"18 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2015-03-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"86562205","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Perrigo to Become Top 5 OTC Player in Europe with US$4.5 B Omega Pharma Acquisition","authors":"Sayani Datta, Heather Cartwright","doi":"10.3833/PDR.V2014I11.2077","DOIUrl":"https://doi.org/10.3833/PDR.V2014I11.2077","url":null,"abstract":"Continuing the unprecedented wave of consolidation seen in the OTC pharmaceutical sector thus far in 2014, Perrigo has agreed to acquire Belgium-based Omega Pharma for €3.6 B (US$4.5 B), including the assumption of €1.1 B (US$1.4 B) in debt. The deal will accelerate Perrigo’s international growth strategy, diversifying its revenue streams and giving it access to an established commercial infrastructure in Europe.","PeriodicalId":19951,"journal":{"name":"Pharmadeals Review","volume":"112 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2014-11-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"85368949","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Meda Asserts Independence with US$3.1 B Rottapharm Acquisition","authors":"Heather Cartwright","doi":"10.3833/pdr.v2014i9.2060","DOIUrl":"https://doi.org/10.3833/pdr.v2014i9.2060","url":null,"abstract":"Having rejected two takeover bids from Mylan earlier in 2014, Sweden’s Meda has agreed to acquire the Italian speciality pharmaceutical company Rottapharm Madaus for a total consideration of SEK21.2 B (US$3.1 B), including net debt of SEK2.8 B (US$407 M). The deal comes only weeks after family owned Rottapharm withdrew a planned IPO citing unfavourable market conditions. The acquisition, the largest in Meda’s history, will bolster the company’s consumer healthcare business and increase its emerging market revenues by 50%.","PeriodicalId":19951,"journal":{"name":"Pharmadeals Review","volume":"172 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2014-11-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"79502720","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"BMS Continues Immuno-Oncology Push via Deals with CytomX and Incyte","authors":"Heather Cartwright","doi":"10.3833/PDR.V2014I6.2041","DOIUrl":"https://doi.org/10.3833/PDR.V2014I6.2041","url":null,"abstract":"Continuing the high level of deal-making activity seen in the immuno-oncology sector thus far in 2014, Bristol-Myers Squibb (BMS) has formed separate deals with CytomX Therapeutics and Incyte. The deal with CytomX is focused on the discovery, development and commercialisation of masked antibody Probody™ therapies against up to four cancer targets. BMS will also collaborate with Incyte to evaluate its programmed cell death-1 (PD-1) inhibitor nivolumab in combination with Incyte’s INCB24360 in a Phase I/II trial.","PeriodicalId":19951,"journal":{"name":"Pharmadeals Review","volume":"41 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2014-11-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"89882960","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"IMS PharmaDeals Half-Year Review of 2015","authors":"Heather Cartwright, Taskin Ahmed","doi":"10.3833/PDR.V2014I9.2059","DOIUrl":"https://doi.org/10.3833/PDR.V2014I9.2059","url":null,"abstract":"Despite a significant downturn in overall deal activity in the life sciences sector, appetite for M&A remained reasonably high in the first half of 2015. Big pharma involvement was somewhat subdued compared to the same period the previous year, however, and concerns surfaced over the emergence of a biotech bubble as a number of purchasers faced accusations of overpaying. Speciality pharma takeovers comprised a sizeable proportion of the top 10 M&A deals of H1 2015 as ranked by total deal value. Mean licensing upfront payments and deal values decreased markedly as compared to H1 2014, in part owing to the absence of deals with record-breaking upfront payments. AstraZeneca retained its title as the most prolific dealmaker in H1 2015, being party to deals with some of the largest upfront payments of the period, although Johnson & Johnson (J&J) was not far behind thanks to a plethora of early-stage R&D collaborations. Oncology once again dominated the dealmaking landscape, with partnering in immuno-oncology in particular reaching new heights in parallel with the evolution of the field.","PeriodicalId":19951,"journal":{"name":"Pharmadeals Review","volume":"55 162","pages":""},"PeriodicalIF":0.0,"publicationDate":"2014-10-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"91437188","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"MannKind Finally Finds a Partner for its Inhaled Insulin Afrezza® in Sanofi","authors":"Heather Cartwright","doi":"10.3833/pdr.v2014i9.2062","DOIUrl":"https://doi.org/10.3833/pdr.v2014i9.2062","url":null,"abstract":"Sanofi has licensed global rights to MannKind’s rapid-acting inhaled insulin Afrezza® (insulin human), which was approved by the US FDA in June 2014 for the treatment of diabetes mellitus at the third attempt. The drug will diversify Sanofi’s diabetes portfolio ahead of the 2015 patent expiry of its long-acting basal insulin analogue Lantus® (insulin glargine), which leads the diabetes market with sales of more than US$7 B in 2013. Considerable uncertainty surrounds the commercial potential of Afrezza, however.","PeriodicalId":19951,"journal":{"name":"Pharmadeals Review","volume":"8 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2014-09-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"74376033","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}