Hints and tips:
...Novartis had already attempted to shed parts of Sandoz to India’s Aurobindo in 2020, but competition concerns from US regulators scuppered the nearly $1bn deal in 2020....
...In September last year, Novartis said it would sell parts of the Sandoz US business to Aurobindo Pharma USA to focus on “higher growth areas”....
...In particular, WBA pointed to a 2.3 per cent year-on-year rise in sales at its main Retail Pharmacy USA division, with a rise in pharmacy sales offsetting declining retail sales....
...Our 10% WACC remains a premium to our mid-cap pharma peer average 8.6% which reflects our view of increased risk around single product execution....
...On Thursday, Novartis said it would sell portions of the Sandoz US portfolio to Aurobindo Pharma USA in order to focus on “higher growth areas”....
...Campari will be hard hit by COVID-19 due to high On Trade exposure, especially in core markets of Italy and the USA....
...In April last year Fresenius, a large German medical products group, announced an acquisition of American generics pharma company Akorn for nearly $5bn....
...The companies now under investigation are: Heritage Pharmaceuticals, Inc.; Aurobindo Pharma USA, Inc.; Citron Pharma, LLC; Mayne Pharma (USA), Inc.; Mylan Pharmaceuticals, Inc.; Teva Pharmaceuticals USA;...
...The states’ lawsuit said that the six generic drug makers – which also include Heritage Pharmaceuticals, Aurobindo Pharma USA, Citron Pharma and Mayne Pharma – “entered into illegal conspiracies in order...
.... ———- Chartwatch Drug donations Pharma companies provide more than 1.8bn treatments a year for neglected tropical diseases....
...The move quickly spurred market speculation that Mr Son would revive talks for a merger between SoftBank-owned Sprint and rival T-Mobile USA....
...KKR will acquire the minority stake in Gland Pharma, including the entire stake held by private equity fund, Evolvence India Life science Fund, in the Hyderabad-based firm, KKR said in a statement.”...
...Related reading: Ranbaxy: losses, again, beyondbrics India pharma: Strides Arcolab in $1.6bn deal with US generics maker Mylan, beyondbrics India: pharma companies sales to suffer on new round of price controls...
...Nestlé is not the first to face this sort of problem – razor makers, printer manufacturers and pharma companies all like to tie customers in to buying their consumables, but face competition from generic...
...Other groups that have sealed partnerships include GlaxoSmithKline with Dr Reddy’s Laboratories, and Pfizer with Aurobindo and Claris Lifesciences....
...Pfizer, by contrast, has so far opted for partnerships, agreeing to license medicines from Aurobindo and Claris Life Sciences in India, as did GSK with Aspen in South Africa....
...Other companies have sought to forge partnerships to exploit local companies’ commercial presence and skills in manufacturing, including GlaxoSmithKline and Dr Reddy’s, and Pfizer with Aurobindo and Claris...
...“As soon as you talk about local supply chains and markets, the pharma companies break out in a sweat.”...
...Aurobindo will provide it with the rights to market 60 generic drugs in 70 countries, and Claris Lifesciences with 15 injectable medicines....
...He said Aurobindo and Claris would manufacture the drugs, which in most markets would in future be branded as Pfizer products....
...However, GlaxoSmithKline, which holds the patent, had no objections to Aurobindo of India, the manufacturer, making it for Nigeria, under waivers for medicines under the WTO’s trade-related aspects of intellectual...
...Now, according to the new Indian business paper, Mint, the German division of CVC Capital Partners has teamed up with a small Hyderabad-based drugs firm, Aurobindo Pharma, to join the Merck generics auction...
...David Drane, Dorset Tim Price: The gloom in relation to US Inc is probably overdone....
...Larry Lynch, USA Tom Glocer: I think there’s always going to be a role for newspapers....
...A patient selecting ‘diabetes’, then ‘USA’ would find himself at the Keeping well with Diabetes site (www.kwwd.com ), which cheerfully offers a $25 rebate on NovoLog Mix 70/30....
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