Bayer to acquire Direvo Biotech for $300 million
NEW YORK Bayer has announced that it will buy a German biotech company for almost $300 million.
Bayer said in a statement that the deal to buy Direvo Biotech would likely be done at the end of the month.
The acquisition will help Bayer’s efforts to develop biologic drugs, including antibodies.
The Little Clinic opens two more Florida locations
BRENTWOOD, Tenn. The Little Clinic has opened new clinics at Publix stores located in Tampa and Deerfield Beach in South Florida.
The new Deerfield Beach clinic is the 11th location opened by The Little Clinic in South Florida.
The new clinic in Tampa marks the 12th location in the Tampa area to open within Public.
The clinic operator did not disclose further details but did say that additional clinics are under construction in both Tampa and South Florida.
FDA denies approval for Fentora non-cancer treatment
BOSTON The Food and Drug Administration has denied approval for Cephalon to market Fentora for treating pain not related to cancer, the company announced Monday.
The opioid painkiller is approved for treating breakthrough pain in some cancer patients, but the company applied for FDA approval to market it for treating chronic back pain and neuropathic pain.