Mon 18 Jul 2011 : Vital Foods partners with Nestlé Health Science
Vital Foods today announced that Nestlé Health Science has become a strategic investor and taken a minority stake in the company. The terms of the transaction are not being disclosed.
PharmaVentures Client BergenBio entered into an agreement for Rigel’s preclinical candidate, R428 (now referred to as BGB324), an Axl kinase inhibitor for oncology.
Oxford, UK. 01 March 2011: PharmaVentures Ltd acted as exclusive advisor and broker to the global biopharma company, UCB in its successful strategic partnership with UK-based developer and manufacturer Aesica Pharmaceuticals.
PharmaVentures assisted, UCB in the divestment of three European manufacturing sites in Germany and Italy to Aesica Pharmaceuticals. The deal, which included a long term partnering relationship between the two parties, was finalized on 28 February 2011
The agreement ensures that Aesica will continue to manufacture formulated products for UCB over a number of years. Additionally, around 600 employees in the three sites at Monheim, Zwickau and Pianezze will continue their activity and be transferred to Aesica. For more details please go to www.aesica-pharma.co.uk/news/aesica-completes-european-acquisitions
Fintan Walton, Chief Executive of PharmaVentures, said “We were delighted to be exclusively chosen and trusted by UCB to divest three of their manufacturing businesses. To announce today yet another successful outcome for a major pharmaceutical company like UCB underscores the growing capability of PharmaVentures to the needs of the pharmaceutical industry.”
PharmaVentures is a leading life sciences transaction advisory firm with strong capabilities in finding and evaluating opportunities and negotiating deals. The transaction team has an established track record in generating outstanding value for PharmaVentures’ clients and has assisted in over 100 transactions in the past 18 years. Beyond that, PharmaVentures’ senior advisors assisted over 500 leading companies in their growth needs including the areas of partnering and M&A.
For further information:
Fintan Walton
CEO
PharmaVentures Ltd
Tel: +44 (0)1865 332733
E-mail: fintan.walton@pharmaventures.com
Website: www.pharmaventures.com
– ends –
Oxford, UK, 26th October, 2010: PharmaVentures Ltd announced today that it had acted as the advisor and broker to the Indian pharmaceutical company Dr Reddy’s Laboratories in its successful marketing and distribution agreement with the UK healthcare company Vitabiotics Ltd for a range of nutraceutical products. The agreement provides Dr Reddy’s exclusive marketing rights in the Russian/CIS markets for two of Vitabiotics’ leading products – Jointace and Dietrim. Vitabiotics will supply these products on a long-term basis from its facilities in Europe.
The engagement with Dr Reddy’s utilised PharmaVentures’ significant and established pharmaceutical transactions experience in the healthcare transactions sector. Dr Fintan Walton, Chief Executive, PharmaVentures said, “We are delighted to bring another successful outcome to one of our important international clients, Dr Reddy’s. We are proud to have acted as advisor and broker to one of India’s premier pharmaceutical companies, particularly in assisting them to achieve their business goals in the increasingly expanding Russian/CIS market”.
PharmaVentures acted as advisor and broker to the Dow Chemical Corporation in the sale of its small molecule pharmaceutical manufacturing business to Dr Reddy’s, under a separate agreement in 2008.
Over the past 18 years, PharmaVentures has acted as advisors to numerous pharmaceutical and biopharmaceutical clients in transactions covering the licensing, merger, acquisition, divestment and joint venture activities for companies located worldwide.
For press enquiries, please contact:
Dr Fintan Walton, CEO
PharmaVentures
+44 (0) 1865 332700
– ends –
Oxford, UK. 01 October 2010: PharmaVentures are pleased to announce that they acted as transaction advisors and sale process executioners for sanofi-aventis in their strategic deal with Covance. Under the terms of the agreement, sanofi-aventis will retain access to some of the capabilities which have been divested to Covance as part of a long-term strategic alliance. Covance will provide sanofi-aventis with a 10-year sole source relationship for central lab services.
PharmaVentures has built considerable experience in the M&A field including divestments of manufacturing and R&D businesses. Fintan Walton, CEO, PharmaVentures Ltd said: “The pharmaceutical industry is undergoing a significant transformation with more complex deal structures. The engagement with sanofi-aventis capitalized on PharmaVentures vast experience in complex strategic partnerships and deal transactions”.
Over the past 19 years, PharmaVentures has acted as advisor to over 600 global pharmaceutical and biotechnology clients in transactions covering licensing, merger, acquisition, divestment and joint venture activities for companies.
For press enquiries, please contact:
Dr Fintan Walton, CEO
PharmaVentures
+44 (0) 1865 332700
– ends –