Better Together? Aegerion And QLT Merge To Solve Problems
Aegerion and QLT will unite to create a new company dubbed Novelion in a deal that could help both companies solve some long-standing issues.
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Amryt Pharma: EIB Funds Secure Phase III For Rare Skin Disease Candidate And Cholesterol Drug License
Not many 18-month old rare and orphan disease-focused biotech companies have an approved product in their portfolio. Even fewer have persuaded the European Investment Bank to make a direct investment into their business. Amryt Pharma can claim both.
Several biotechnology and specialty pharmaceutical companies announced deals and corporate updates during the week of the 32nd Annual JP Morgan Healthcare Conference in San Francisco, which ended on 16 January, and a lot of news was lost in the hubbub of the yearly kickoff event for the biopharma industry. Companies probably are happy to have some news ignored, such as shareholder litigation and employee layoff notices. But in a closely-watched industry with skyrocketing public company values, relevant information eventually comes to light.