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Patent Law

: Patent Docs

Biotech/Pharma Business Briefs

By Donald Zuhn, Kevin Noonan, Chris Singer, Sherri Oslick, and Jason Derry

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By Jason Derry --Medicines Co. to Buy Targanta The Medicines Company and Targanta Therapeutics have announced that Medicines Co. will buy Targanta for $42 million. Medicines Co. has agreed to increase the purchase price by an additional $1.20 a share if Targanta's oritavancin, a product for treating skin infections, is approved by the FDA as a single dose infusion product. Abbott to Acquire Advanced Medical Optics On January 12, 2009, Abbott Laboratories and Advanced Medical Optics (AMO) announced an agreement under which Abbott will purchase AMO for about $2.8 billion. The acquisition of AMO will expand Abbott's business into the...

Full post as published by Patent Docs on January 17, 2009 (boomark / email).

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