Company News

Share this article:

IMS Health put itself up for sale, according to several reports citing people familiar with the matter. According to a Wall Street Journal report, the offers – from TPG, Silver Lake and BC Partners – are expected to give IMS stockholders a 30% premium on their shares, valuing the company at approximately $3.5 billion. Shares were up 21.6% - to $17.84 – following the WSJ report yesterday afternoon.

Bristol-Myers Squibb will cut roughly 25% of its Abilify sales force, according to a Bloomberg report. The cuts are a result of Otsuka Pharmaceuticals, a partner on the antipsychotic drug, taking over more of the marketing duties on Abilify, according to the report.  


Share this article:
close

Next Article in Business Briefs

Email Newsletters

More in Business Briefs

Penn and Teller give take on vaccines

The Las Vegas twosome give the anti-vaccination movement their signature treatment.

GSK allegations build in Jordan and Lebanon

GlaxoSmithKline says it is investigating allegations of employee misconduct. The company said in a statement that the allegations have numbers "very similar to those reported by other companies in our sector."

Generic Celebrex is coming

Pfizer and Teva's settlement puts generic Celebrex on the market by December.