Nestle Health has acquired a 19% stake in Aimmune Therapeutics for $98m.
The companies have also extended a prior agreement for developing food allergy treatments by two years. The agreement allows Aimmune to retain all rights to its existing and future pipeline assets.
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The deal has increased Nestle Health’s total investment in Aimmune to $273m.
Based in the US, Nestle Health is a health sciences company focused on nutrition therapy, while Aimmune is a clinical-stage biopharmaceutical company developing treatments for food allergies.
InvaGen has entered an agreement to acquire Avenue Therapeutics for $215m.
In the first stage of the transaction, InvaGen will acquire a 33.3% stake in Avenue’s capital stock for $35m priced at $6 a share.
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By GlobalDataThe second stage will involve the purchase of all remaining Avenue shares for up to $180m priced at $13.92 a share.
InvaGen is subsidiary of India-based pharmaceutical company Cipla, while Avenue Therapeutics is a speciality pharmaceutical company based in the US.
Takeda has set a date for an emergency general meeting (EGM) to vote on the acquisition of Shire for $62bn.
Takeda secured a loan of $31bn from JP Morgan, Sumitomo Mitsui Banking Corp, and MUFG Bank to fund the acquisition, which will take place only if two-thirds of Takeda’s shareholders support the deal at the EGM.
The deal has received the approval of Japanese, US, Brazilian and Chinese authorities.
Based in Japan, Takeda is a pharmaceutical company, while Shire is a speciality biopharmaceutical company based in the US.
Asterias Biotherapeutics and BioTime have signed a merger agreement to form an integrated company that will focus on cell therapies.
Following the transaction, BioTime will hold an 83.8% interest in the combined entity, while Asterias will hold the remaining 16.2%.
The merger agreement is expected to be closed in Q1 2019.
Asterias Biotherapeutics and BioTime are biotechnology companies based in the US.
