Mergers and acquisitions
The latest mergers and acquisitions news from across all sectors of the chemical and pharmaceutical industries, from the Royal Society of Chemistry's magazine, Chemistry World
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         Business BusinessSanofi spins out its consumer healthcare businessUS-based investment firm takes controlling stake in Opella, while France’s government moves to ensure the company remains in the country 
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         Business BusinessAdnoc to buy Covestro, continuing expansion into polymers€15 billion deal sees Gulf oil producer looking to future growth beyond fuels 
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         News NewsWeight-loss drugmakers bet billions on boosting suppliesEli Lilly and Novo Nordisk invest to expand in-house manufacturing of GLP-1 drugs 
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         Business BusinessPan-cancer approval shows huge potential for antibody–drug conjugatesEnhertu gains approval based on gene expression rather than tumour location 
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         Business BusinessBig deals confirm renewed interest in radiopharmaceuticalsAcquisitions of RayzeBio and Point Biopharma highlight the potential of targeting radioactivity directly to tumour cells 
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         Business BusinessNovo Holdings to buy contract manufacturer Catalent for $16.5 billionParent firm will then sell on three manufacturing sites to Novo Nordisk to boost capacity for diabetes and weight loss drugs 
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         Business BusinessIllumina to give up Grail as competition appeals failSequencing giant will sell off its former spin-out in accordance with regulator orders 
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         Business BusinessChemicals roundup 2023Chemical companies entered cost-cutting mode in a year dominated by overcapacity and slow demand 
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         Business BusinessPharmaceuticals roundup 2023Regulatory and pricing reforms have topped industry agendas in 2023, while weight loss drugs surged and Covid-19 therapies waned 
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         Business BusinessDanaher completes $5.7 billion Abcam acquisitionDeal proceeded despite significant opposition from founder and ex-chief Jonathan Milner 
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         Business BusinessBuilding the support infrastructure we wish we’d hadHarry Destecroix of Science Creates is the 2023 Chemistry World Entrepreneur of the Year 
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         Business BusinessExxonMobil to buy Pioneer for US shale oil dominance$59 billion deal sees Exxon double its shale oil and gas production 
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         Business BusinessBiogen to cut 1000 more jobs by 2025Biotech giant has also agreed to buy Reata Pharmaceuticals for $7.3 billion 
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         Business BusinessIllumina’s Grail quest results in epic fineEU and US competition authorities object to firms completing merger without approval 
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         Business BusinessUS trade regulator sues to block Amgen–Horizon mergerFederal Trade Commission has concerns that union will allow Amgen to stifle potential competition for Horizon’s drugs 
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         Business BusinessPfizer to buy cancer biotech Seagen for $43 billionAntibody-drug conjugate specialist will fill Pfizer’s cancer pipeline 
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         Business BusinessChemicals industry roundup 2022Russia’s invation of Ukraine mounted further pressure onto already strained supply chains 
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         Business BusinessPharmaceuticals roundup 2022Following the huge success of vaccines and treatments for covid-19, companies are upping their investment in R&D and dealmaking 
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         Business BusinessHaleon emerges from GSK consumer healthcare spin-offSplit illustrates move towards narrower focus in pharmaceuticals