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lunes 29 noviembre 2021 09:15
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Etiqueta: acquisition

Baxter winds up Argentina operation

The US drugmaker Baxter has closed the doors on its Argentina operation to definitively leave the country. It leaves Argentina's Comarsa as its local representative. Another pharmaceutical multinational has bowed out from Argentina. Pharmabiz has learned that the US giant Baxter is closing its renal care business – its last remaining...

Local buyer for Takeda’s Hepatalgina

English version Argentina's Elea-Phoenix wants to become the main local player in the OTC sector, which has traditionally been dominated by multinationals. It's taken another step towards that goal with the acquisition of the popular cholagogue Hepatalgina. The novel coronavirus is proving no obstacle against deals in other areas of pharma. Pharmabiz has learned...

Stada offloads Vannier, Argentina

English version:  Germany's Stada was sold a pig in a poke back in 2015, but it didn't take long for the company to notice its low chances of success on the local generics market. Now the company is upping sticks and getting out of Argentina. The generics market in Argentina is...

Megalabs snaps up GSK brands

English version The Consumer Health sector is seeing continual reorganisation internationally. Joining the list of pharma multinationals who've bought assets only to sell them on not long afterwards is GSK. The drugmaker has offloaded a trio of mature brands in the Latin America region into the hands of the regional...

Takeda sells 18 brands

English version Since Japan's Takeda acquired Shire in 2018, the drugmaker's course towards a specialist focus has been set. The sale of its portfolio of mature drugs has been predicted. Two local brands have changed hands for now as part of a deal with regional reach. Japan's Takeda has sold...

Biotoscana changes hands

English version The big candidate was Brazil's Eurofarma., but Biotoscana has today officially revealed its new owner is the Canadian company Knight Therapeutics. A mayor player in the region, its future will be followed closely. It's official: Latin American group Biotoscana has changed hands, with the offer from Canada's Knight...

Athenex buys CIDAL

English version The USA's Athenex has announced the acquisition of CIDAL, a Guatemala-headquartered firm focusing on clincal trials and studies that operates in several countries in Latin America.  The CRO (contact research organization) segument comprising companies that focus on clinical studies is proving dynamic at the moment with a new acquisition in Latin America. US-based Athenex has announced the purchase...

Roemmers buys Bactrim Latam

English version The Roemmers group has sealed another deal with Swiss drugmaker Roche. It had already bought the company's primary care package in Argentina and now takes on Bactrim and Dormicum for the wider Latam region. Pharmabiz has been told the deal totalled around US$ 75 million. Argentine group Roemmers, which bought out Swiss drugmaker Roche's package of primary care products on the local...

Mega Pharma buys Celsius

English version Latin Pharma firms continue to make headlines. Now the Mega Pharma group has bought the Uruguayan drugmaker Celsius in a move that will give it control over 30% of the medicines market in Uruguay. Latin giant Mega Pharma continues to expand reinforcing its operations in the continent. Pharmabiz has learned that the holding company, owned by Thomas Struengmann, has acquired another...

Pharma review of the year 2017

English version The "un-termination" of the agreement with PAMI, Argentina’s state funded health provision for pensioners, was possibly the key and most controversial topic of 2017. The agreement was terminated then reactivated in a series of twists that have left many wondering what lays in store for the next agreement due...