Tag:

Valeant

Latest Headlines

Latest Headlines

Germany's cost watchdog decides Valeant's Provenge has added benefit after all

In January, Germany's cost watchdog decided that Dendreon's--now Valeant's--Provenge had no added benefit for men with metastatic prostate cancer. But now, it's changing its tune.

Departed Salix execs score $47M with Valeant buyout

Valeant wasn't the only one that scored a win when Salix Pharmaceuticals agreed to its $173-per-share buyout offer. Two former Salix execs--who left the company recently amid inventory issues--will make a pretty penny on the deal as well.

Endo's shown it's willing to spend. But with Salix gone, what's left worth buying?

As Endo showed last week with its failed $10 billion bid for North Carolina's Salix, it's willing to shell out some serious dough if the right target comes along. The question is, what's left?

UPDATED: Sorry, Endo. Valeant's back on top with $173-per-share Salix bid

So you thought you could wrestle Salix away from Valeant, Endo? The Canadian pharma has a message for you: Think again.

UPDATED: Endo aims to lure Salix from Valeant with $175-per-share offer

Last month, some industry watchers speculated that the low price Valeant agreed to pay for North Carolina's Salix could leave room for other bids. And now, one has arrived, courtesy of Endo International.

Activist investor Ackman nabs $3B-plus stake in former takeover partner Valeant

Billionaire investor Bill Ackman spent quite a large chunk of 2014 talking up Valeant Pharmaceuticals and its business model--and now, he's putting his money where his mouth is.

With 77 layoffs, Valeant gets to work squeezing costs from Dendreon

It's no secret that when serial acquirer and cost-cutting enthusiast Valeant takes over a company, layoffs are on the way. And for Dendreon, the bankrupt Seattle biotech whose assets the Canadian snatched up last month, they've already begun.

Valeant welcomes Dendreon into the fold with a 77-job shearing

It's no secret that when serial acquirer and cost-cutting enthusiast Valeant takes over a company, layoffs are on the way. And for Dendreon, the bankrupt Seattle biotech whose assets the Canadian snatched up last month, they've already begun.

Valeant starts carving up what remains of Dendreon, axing 77 staffers

Valeant has wasted no time in getting down to brass tacks at its newly acquired subsidiary Dendreon. The company notified the state of Washington that it is laying off 77 staffers from the biotech's steadily shrinking roster of employees, according to a report from the Seattle Times.

Valeant touts PhII Provenge data following Dendreon buy

Valeant only just picked up Provenge and other assets from bankrupt Dendreon, but it's already trumpeting positive preliminary data for the flailing cancer vaccine. On Wednesday, it announced Phase II results showing that the immune response from Provenge continues two years after biochemically recurrent prostate cancer patients complete treatment.