As part of a new sales team structure, Merck plans to cut 1,800 sales jobs. At the same time, the company expects to add 960 jobs to a new sales force focused on chronic care.
Vivek Ramaswamy’s parent company, Roivant Sciences, inked a development deal with Swiss-based AstraZeneca. The deal appears consistent with Ramaswamy’s business model – acquire cast-off compounds from big pharmaceutical companies at bargain-bin prices and convince investors to invest in developing them.
BridgeBio Pharma, which was founded in 2015, recently closed on a $135 million series C round that was co-led by Viking Global Investors and KKR. They were joined by Perceptive Advisors, AIG, Aisling Capital, Cormorant Capital, and Janus Funds.
Myovant Sciences made four key appointments to its managing team. Matthew Lang, J.D., joined the company as general counsel and corporate secretary; Juan Camilo Arjona Ferreira, M.D., came aboard as chief medical officer; Teresa Perney, Ph.D., was appointed senior VP of Regulatory Affairs and Quality Assurance; and Andria Langenberg, M.D., was tapped as head of Drug Safety and Pharmacovigilance.
Understanding the nuances behind why a physician makes a decision regarding an information source when making a clinical decision is key to learning the best way to deliver content that will prompt an engagement.
Quebec City, Canada-based AEterna Zentaris (AEZS) announced today that the company’s Dennis Turpin, senior vice president and chief financial officer, would be stepping down. In addition, AEterna Zentaris is closing its Quebec City office at the end of the year and consolidating functions at its Charleston, S.C. office. The company focuses on developing and […]
Canadian company Concordia Healthcare (CXR.TO), headquartered in Oakville, Ontario, announced today that it is buying Amdipharm Mercury Limited (AMCo) from Cinven for $3.5 billion. Cinven is a European private equity firm. The deal will be a combination of cash, common shares of Concordia, and a performance-based earn-out payable in cash. “This acquisition is a key […]