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Pharmaceutical industry

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Shire buys diabetes drug manufacturer

Biopharmaceutical company Shire has acquired American business Advanced BioHealing as part of its move to build a new strategic business unit in regenerative medicine.

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Acacia Pharma raises £6.2 million in Series A

Pharmaceutical company Acacia Pharma, a developer of drugs for cancer care support, has raised $10 million (£6.2 million) in a Series A investment round.

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Viropro acquires biotech production facility

US-based biopharmaceutical company Viropro has acquired a Cambridge biotech facility in a deal worth $21 million (£13 million).

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Azelis buys UK pharmaceuticals supplier 

European speciality chemicals distributor, Azelis, is to acquire UK-based S&D Group for an undisclosed amount.

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Masters Pharmaceuticals raises £2.65 million

A supplier of pharmaceuticals with offices in the UK, US and Singapore has raised £2.65 million from Albion Ventures.

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Dublin drug company raises €18 million

Opsona Therapeutics, a drug development company based in Dublin, has completed a Series B round of funding.

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Valeant to acquire Dow Pharmaceuticals

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Alliance Boots acquires stake in Brazilian pharmaceutical wholesaler Athos Farma

Alliance Boots has purchased 25 per cent of Brazilian pharmaceutical wholesaler Athos Farma for an undisclosed amount. Read on for more deal headlines.

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Matrix funds Focus Pharmaceuticals MBO

Private equity firm Matrix has financed the management buy-out (MBO) of Focus Pharmaceuticals, a Midlands-based company which brings pharmaceuticals to market. Matrix invested £3.2 million in a mix of debt and equity, and has acquired a minority stake in the business.

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Chinese pharmaceutical group floats on AIM

Pharmaceutical group China Medical System Holdings (CMSH) commenced trading on AIM this week. Its placing price was 138p and it is now trading around 146p.