Source: Reuters Amazon.com Inc said on Thursday it would buy small online pharmacy PillPack, a move that will put the world’s biggest online retailer in direct competition with drugstore chains, drug distributors and pharmacy benefit managers. The deal’s potential to disrupt major players across the drug supply chain nationwide prompted…...
Verrica Seeks $86M IPO to take on Compounded Dermatology Drug
Source: FierceBiotech Verrica Pharmaceuticals has filed to raise $86 million from public investors. The planned IPO will give Verrica the money it needs to take a treatment for viral skin infection molluscum through phase 3 and onto the market. West Chester, Pennsylvania-based Verrica’s lead candidate is VP-102, a drug-device combination.…...
Takeda Finally Inks a Deal to Buy Shire in One of the Biggest Pharma Takeovers Ever
Source: Japan’s Takeda Pharmaceutical is about to become a major international player on the biopharma scene, with its purchase of larger Irish rival Shire (SHPG, +1.41%). It’s one of the biggest pharma deals in history, and the largest-ever international takeover by any Japanese company, at a value of $62 billion.…...