MiddleBrook's shares dive on equity infusion
This article was originally published in Scrip
MiddleBrook Pharmaceuticals, a US company focused on developing and commercialising anti-infectives, has failed to find a buyer or partner after a year of searching and has instead entered a deal for a $100 million equity infusion with Equity Group Investments (EGI).
You may also be interested in...
The UK's main reimbursement bodies made a series of decisions this week that were broadly favorable and largely focused on oncology medicines.
While troubled Valeant was divesting iNova to private equity investors, Novartis announced a pair of oncology-focused deals, out-licensing a brain cancer drug to Midatech and partnering with IBM Watson Health to optimize breast cancer treatment.
Astellas and Pfizer have amended the PROSPER trial protocol in a bid to position Xtandi ahead of Zytiga in the early stage prostate cancer market.