By agreeing to buy US-based Alder BioPharmaceuticals Inc. in a cash transaction worth up to $1.95bn, Lundbeck Inc. has taken a big step in rebuilding its portfolio pipeline. More M&A activity is likely to follow in future, the Danish mid-cap CNS player’s CEO told Scrip in an interview.
Lundbeck CEO: Alder Buy Will Boost Pipeline
Deborah Dunsire tells Scrip that buying Alder offers Lundbeck a blockbuster prevention treatment for severe migraine patients, and helps rebuild Danish group’s prospects.
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