BioSpace.com

Biotech and Pharmaceutical
News & Jobs
Search the Site
 
   
Biotechnology and Pharmaceutical Channel Medical Device and Diagnostics Channel Clinical Research Channel BioSpace Collaborative    Job Seekers:  Register | Login          Employers:  Register | Login  

NEWSLETTERS
Free Newsletters
Archive
My Subscriptions

NEWS
News by Subject
News by Disease
News by Date
PLoS
Search News
Post Your News
JoVE

CAREER NETWORK
Job Seeker Login
Most Recent Jobs
Browse Biotech Jobs
Search Jobs
Post Resume
Career Fairs
Career Resources
For Employers

HOTBEDS
Regional News
US & Canada
  Biotech Bay
  Biotech Beach
  Genetown
  Pharm Country
  BioCapital
  BioMidwest
  Bio NC
  BioForest
  Southern Pharm
  BioCanada East
  US Device
Europe
Asia

DIVERSITY

INVESTOR
Market Summary
News
IPOs

PROFILES
Company Profiles

START UPS
Companies
Events

INTELLIGENCE
Research Store

INDUSTRY EVENTS
Biotech Events
Post an Event
RESOURCES
Real Estate
Business Opportunities

 News | News By Subject | News by Disease News By Date | Search News
eNewsletter Signup
Miles
Km80.5

   

Cephalon, Inc. (CEPH) Drama Topped Several Major Health-Care Deals


3/2/2012 8:44:20 AM

Philadelphia Business Journal by John George, Senior Reporter

In an active year of merger-and-acquisition activity in the region’s health-care industry, no deal had more twists and turns than Teva Pharmaceutical Industries’ $6.8 billion purchase of Cephalon Inc.— previously the region’s largest independent biotechnology company.

Teva, the world’s largest generic drug company looking to expand its presence in the branded and specialty drug segments, emerged as Cephalon’s white knight after the company became the target of a hostile takeover bid by Valeant Pharmaceuticals International Inc. of Canada, which put forth an unsolicited $5.7 billion.




   

ADD TO DEL.ICIO.US    ADD TO DIGG    ADD TO FURL    ADD TO STUMBLEUPON    ADD TO TECHNORATI FAVORITES