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Grifols to sell assets under FTC agreement for Talecris merger

 
• By Donna Young

After agreeing to sell certain assets, Spanish firm Grifols won a tentative approval from the US Federal Trade Commission (FTC) under a consent agreement to buy North Carolina biotech Talecris Biotherapeutics for about $4 billion (scripintelligence, 7 June 2010).

After agreeing to sell certain assets, Spanish firm Grifols won a tentative approval from the US Federal Trade Commission (FTC) under a consent agreement to buy North Carolina biotech Talecris Biotherapeutics for about $4 billion (scripintelligence, 7 June 2010).

Investors embraced the news, driving shares of Talecris up as high as $1.05, or 3.76%, on 2 May, before closing...

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Pipeline Watch: Ten Approvals And Two Phase III Readouts

Pipeline Watch is a weekly snapshot of selected late-stage clinical trial events and approvals announced by pharmaceutical and biotech companies at medical and industry conferences, in financial and company presentations, and in company releases and statements.