Deal Watch: Vanda Gets Competing Offer From Cycle After Unsolicited Future Pak Bid

Plus deals involving GSK/Elsie, Lilly/QurAlis, Gilead/Cartography as well as tech transfer announcements and deals in brief.

Deal Watch 2021
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Scrip regularly covers business development and deal making in the biopharmaceutical industry. Deal Watch is supported by deal intelligence from Biomedtracker.

Rare disease-focused Cycle Pharmaceuticals Ltd. announced an $8-per-share acquisition bid for Vanda Pharmaceuticals, Inc. on 6 June, roughly two weeks after Vanda revealed it had received and rejected an unsolicited bid from contract manufacturing and packaging company Future Pak that proposed a takeout priced between $7.25 and $7

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