The new year is only a few days old but M&A activity is already underway in Europe with Italy’s Angelini Pharma agreeing to acquire Swiss CNS specialist Arvelle Therapeutics GmbH in a deal worth up to $960m.
M&A Already Underway As Angelini Acquires Arvelle
Will Commercialize Epilepsy Drug Cenobamate In Europe
2020 has kicked off with a major European biotech deal that will see the Italian conglomerate Angelini take over Switzerland's Arvelle which is on the verge of getting EU approval for an anti-epilepsy drug licensed from SK Bio that got the green light in the US two years ago.
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