News
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new CEO at GSK
over 7 years ago by Gerry Kennedy
GlaxoSmithKline has named its next CEO, and it’s breaking new ground in the process. Emma Walmsley, who heads up GSK’s consumer health business, will become the first woman to take the helm at a Big Pharma company. Walmsley will move into her new job in March, when current chief Andrew Witty retires, but will join the GSK board as of Jan. 1, ...
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Horizon buys Raptor
over 7 years ago by Gerry Kennedy
Ireland’s Horizon Pharma ($HZNP) will pay a 21% premium for California-based Raptor Pharmaceutical as it looks to bolster its rare disease portfolio while also expanding its geographical footprint. But it will also gain a tough pipeline that has been hit by failures over the past year. The deal, which is worth $9 a share--or around $800 milli...
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