Inverness Medical to acquire ParadigmHealth
The transaction is structured as an all-cash deal, with a purchase price of approximately $230 million. Closing is conditioned on clearance under the Hart-Scott Rodino Act, approval by
South Korea-based Alteogen has signed an exclusive licensing deal worth up to $365m with a global pharmaceutical company, granting worldwide rights to develop and commercialise a subcutaneous biologic product using its Hybrozyme technology.