From Onivyde To OTx: Ipsen Fortifies Oncology with Primary Care Dealmaking
Ipsen's cash-generating primary care business is supporting a flurry of activity in its larger specialty care franchise. The French pharma has just signed a new deal with Italian company Akkadeas Pharma to give it a boost in primary care.
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The French pharma under its American CEO plans to transform itself through R&D and M&A, and promises to launch at least one new drug or new valuable indication every year - "forever".
Ipsen has picked up five of Sanofi's consumer healthcare products in certain European markets to enable the larger company's deal with Boehringer Ingelheim to proceed. Despite moves by Ipsen to bolster its cash-generating primary care business, some analysts still believe a sale could make good business sense.
The UK's main reimbursement bodies made a series of decisions this week that were broadly favorable and largely focused on oncology medicines.