IRELAND > Bausch & Lomb invests additional € 85 (US$ 100) million on its Waterford plant adding 125 new jobs

Bausch and lomb Valeant Pharmaceuticals International, parent company of Bausch & Lomb, has invested € 85 million to add the total investment to more than € 200 million in Waterford plant. The company says the additional investment will help to meet the consumer demands and will be utilized to build a new building on 17 acres site beside the current base. The additional More …

IRELAND > US based Boston Scientific Invests US$ 21.5 M on R&D Lab in Galway

boston_scientific US based medical technology company Boston Scientific is to invest €17m (US$ 21.5 m) launching a new Galway-based R&D facility focused on endoscopy research. Boston Scientific Boston has been operating its European Innovation Centre in Galway for more than 20 years producing more than 3 million devices pear year with more than 3000 employees. According to SiliconRepublic,  “the RoadRunner endoscopy design facility More …

ENGLAND > US based GE Healthcare Acquires UK’s Aysmptote

asymptote GE Healthcare has acquired Asymptote Limited, a biotech firm specializing in cryochain technology for sensitive cellular therapies. According to GE Healthcare,  “the acquisition of Asymptote fills a critical gap in GE Healthcare’s end-to-end ecosystem of products and services for cell therapy production, and will be an important piece of the portfolio enabling the industrialization of these life-saving therapies”. With this More …

BELGIUM > Japan’s Astellas to acquire Belgium based Ogeda for around $849.08 MM

Astellas_Pharma_logo.svg Japan based Astellas is slated to acquire Belgium based Ogeda for around €800 Mn ($849.08Mn). Under the agreement, Astellas will make an initial payment of €500Mn ($530.67 Mn) in consideration of 100% of the equity in Ogeda and an additional €300Mn ($318.41Mn) with attainment of certain clinical development and regulatory milestones for fezolinetant. The closing of the transaction is subject to certain conditions More …

GERMANY > Sweden’s SCA acquires BSN medical for $ 2.88 bn

SCA_company_logo.svg Sweden based SCA acquires BSN medical for €2.74 bn ($ 2.88 bn) on a debt- and cash-free basis. BSN medical develops, manufactures, markets and sells products within wound care, compression therapy and orthopedics. BSN medical has brands such as Leukoplast, Cutimed, JOBST, Delta Cast, Delta Lite and Actimove that sell in 140 different countries with production in 11 countries. BSN More …

USA > Germany’s Sartorius acquires US based Essen BioScience for $320Mn in all cash deal

sartorius-logo Germany based Sartorius acquires USA based real-time live-cell analysis Company-Essen BioScience for $320 million in all cash deal from SFW Capital. The transaction is expected to close by end of first quarter after antitrust clearance are sorted out.   About Essen BioScience Essen BioScience develops and manufactures instruments, software, reagents, and consumables for researchers to remotely image and quantitate cellular More …

CANADA > France based L’Oréal to acquire CeraVe, AcneFree and AMBI Skincare Brands from Valeant Pharmaceuticals for $1.3 billion

800px-L'Oréal_logo.svg France based L’Oréal to acquire CeraVe, AcneFree and AMBI Skincare Brands from Valeant Pharmaceuticals for $1.3 billion in all cash deal. After the deal Valeant CEO Joseph C. Papa said “We are pleased to close this transaction with L’Oréal, and further our progress to pay down debt.”   About Valeant Pharmaceuticals Valeant Pharmaceuticals is a multinational specialty pharmaceutical company based in Laval, Quebec, More …