Japan is pressing ahead with broader drug price cuts under its cost-effectiveness assessment (CEA) system, despite lingering questions over the…
BUSINESS
Otsuka Initiates Tender Offer to Acquire All Outstanding Shares of Avanir for US$17 per Share
Otsuka Pharmaceutical commenced on December 12 (local time) a tender offer to acquire all outstanding shares of the US biopharma company Avanir Pharmaceuticals. The Japanese drug maker will purchase Avanir’s common stocks for US$17 per share, through its wholly-owned indirect…
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