Abbott Acquires Evalve
Abbott has acquired the remaining outstanding equity of Evalve that it did not already own for an upfront payment of $320m, plus a $90m payment if certain regulatory
Novartis has signed an agreement to purchase Myricx Bio, a UK-based biotechnology company, in a transaction valued at up to $1.5bn.
Schering-Plough has reported interim results from an ongoing phase IIa study of narlaprevir (SCH 900518), its investigational, once-daily protease inhibitor. Narlaprevir demonstrated potent antiviral activity in treatment-naive patients