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Allergan to Buy Vitae Pharmaceuticals for $639 Million

Allergan to Buy Vitae Pharmaceuticals for $639 Million

Source: Allergan PLC agreed to acquire clinical-stage biotechnology company Vitae Pharmaceuticals Inc. for $639 million, more than double its market value, in a move aimed at strengthening the drugmaker’s skin-care pipeline. The price values Vitae at $21 a...
Horizon Pharma to buy Raptor Pharma for $800 mln

Horizon Pharma to buy Raptor Pharma for $800 mln

Source: Horizon Pharma Plc (HZNP.O) said it would buy Raptor Pharmaceutical Corp (RPTP.O) for nearly $800 million to bolster its portfolio of drugs to treat rare diseases and reduce its dependence on the primary care market. The deal will give Horizon drugs used to...