Shire acquiring Baxalta for $32 billion
Shire PLC sweetened the pot and Baxalta Inc. investors took the bait in a deal announced early Jan. 11. Dublin-based Shire announced a $30 billion bid for Deefield, Ill.-based Baxalta on Aug. 4. On Jan. 11, the companies announced Shire will acquire Baxalta for $32 billion. Baxalta employs about 2,000 people in Thousand Oaks and Read More →
Sientra implants could be back on the market in weeks
Sientra made three major announcements on Jan. 7: It is not yet resuming production at its factory in Rio de Janeiro, it is looking for a new manufacturer of its implants and the existing inventory could be back on the market within weeks. On Jan. 8, the British Medicines and Healthcare Products Regulatory Agency also Read More →
Dubroff: Building South Sudan health care from the ground up
Before he embarked on a quest to rebuild the health care system in South Sudan, Ken Waxman of Santa Barbara built a career any physician would be proud of. One of the top trauma surgeons in Southern California, he was the head of emergency surgery at Cottage Hospital and later advised the Ventura County Read More →
Settlement ends Amgen drug kickback saga
A drug kickback program is finally behind Amgen, the Thousand Oaks-based pharmaceutical giant. Louisville, K.Y.-based PharMerica was the last of three companies to settle lawsuits relating to Amgen allegedly paying kickbacks to PharMerica and another company to prescribe patients the anemia drug Aranesp. PharMerica settled the suit for $2.5 million in December, Louisville Business First Read More →