Indian Pharmas Seeking Foreign Acquisitions Find Selectivity Need
This article was originally published in PharmAsia News
Executive Summary
Indian drug makers are finding large foreign acquisitions harder to find, leading some firms to be more sophisticated in their selection process. One consultant said Indian companies have specific objectives about the part of the market in which they wish to acquire players. That selectivity could include acquisitions of patents, a brand or its distribution as well as a sub-segment of the market. Although large acquisitions are expected to continue, companies seeking to acquire others will have to look beyond conventional considerations in making the decision, the consultant says. (Click here for more
You may also be interested in...
Japan Grants Global-First Approval To Zolbetuximab, 15 Other New Drugs
Astellas's first-in class CLDN18.2-targeting antibody receives its first approval worldwide, while crovalimab and a number of drugs for rare diseases also receive nods from regulators and are now awaiting reimbursement price-listing.
Hanmi-OCI Merger Hits Wall As Brothers Win Shareholder Vote, Board Seats
The planned merger of Korea's Hanmi Pharm Group with OCI Group hits a major speed bump as the two sons of Hanmi's founder and other candidates recommended by them secture board seats. But it remains to be seen how the Lim brothers will fulfil their ambitious promises.
Beauty Firms Using AI-Based Tools Could Be Subject To Health Privacy Laws In US States
Using AI-based programs to collect and store consumer information risks running afoul of new health privacy laws cropping up in US states. Lack of federal regulation or guidance on the issue is one of the biggest challenges for beauty firms deploying AI, according to Stacy Marcus, partner at Reed Smith LLP.