Shire Archives

News Dec. 15, 2018, 2:00 AM

Healthcare deals hit an all-time record in 2018. See the 7 biggest tie-ups that could change how we buy drugs and treat diseases.

Healthcare dealmaking hit a record this year, and the transactions could reshape how we pay for our prescriptions and treat diseases. Big pharma companies, health insurers, and care providers have agreed to about $US421 billion in transactions this year, according to data from Refinitiv. That’s a record high, and amounts […]

Markets Apr. 25, 2018, 5:12 PM

Takeda is closing in on buying Adderall maker Shire for $64 billion in pharma’s biggest deal of the year

Takeda has reached a deal to buy Adderall drugmaker Shire for $US64.3 billion. The deal comes after a handful of rejections from Shire and a short-lived potential for a bidding war between Takeda and Botox-maker Allergan. A transaction between Shire and Takeda is the largest pharma deal of the year. […]

Markets Apr. 20, 2018, 11:32 PM

Takeda’s considering turning up the heat on its bid for Shire

Takeda is considering a new bid for Adderall drugmaker Shire, raising the share price to 47 British pounds (about $US66) per share up from 46.50 per share (about $US65), Bloomberg reported Friday. Shire has already turned down three offers from the Japanese pharmaceutical company, the last of which was a […]

Markets Apr. 20, 2018, 12:07 AM

A bidding war for the maker of Adderall stalled out after just 4 hours

Shire rejected Takeda‘s $US60 billion takeover bid on Thursday morning. Allergan then confirmed it was “in the early stages of considering a possible offer” for Shire, potentially creating a bidding war for the $US50 billion drugmaker. That sent Allergan’s stock price spiraling, down more than 8%. Allergan said Thursday afternoon […]