Sentences with phrase «drugmaker shire»

Irish drugmaker Shire said on April 24 its board was willing in principle to recommend to shareholders a sweetened 46 billion - pound ($ 64 billion) acquisition offer from rival Takeda Pharmaceutical.

Takeda Pharmaceutical shares lost almost 5 percent of their value on Friday as investors fretted over the size of any deal the Japanese firm would have to make after London - listed drugmaker Shire rejected its latest $ 63 bln bid.

London - listed drugmaker Shire and Japan's Takeda Pharmaceuticals plan to announce a preliminary deal on Wednesday, after the latter sweetened its $ 62 billion acquisition offer, Reuters reports.

In January, Sanofi agreed to acquire Biogen's hemophilia spinoff Bioverativ for $ 11.6 billion, and now the Japanese drugmaker Takeda is bidding for the rare - disease drugmaker Shire.

Not exact matches

LONDON — Japanese drugmaker Takeda has reached a tentative agreement to buy Ireland - based Shire for 46 billion pounds in one of the biggest pharma deals to date.

LONDON, April 16 - Shire, the London - listed rare diseases specialist that is a potential takeover target for Japan's Takeda Pharmaceutical, is selling its oncology business to unlisted French drugmaker Servier for $ 2.4 billion.

The deal suggests there is value locked up within Shire's portfolio - despite a dismal share price performance in the past two years - as its management braces for a possible $ 50 - billion bid battle with Japan's biggest drugmaker.

Shire was also nearly bought by U.S. drugmaker AbbVie Inc in 2014, until U.S. tax rule changes caused the deal to fall apart.