Shionogi Buys Sciele Pharma for $1.4 Billion

Sept. 1—Shionogi & Co., the Japanese maker of Crestor, has purchased Sciele Pharma, an Atlanta-based pharma company, reportedly for access to its sales force. The $1.4 billion price point is 16 times higher than estimated 2008 earnings. Shionogi has three products, for obesity, skin disease, and HIV, that it expects to begin selling in the U.S. by 2012. Shionogi’s president says the Sciele sales force has “high productivity.” Bloomberg

Click here to log in.


Add Comment

Text Only 2000 character limit

Page 1 of 1

White Papers & Special Reports

Content Analyst Company
Using Cloud-Based Discovery Support
Sponsored by Content Analyst Company

Life Science Webcasts & Podcasts

medidata_podcast_Sites and Sponsors: Mending Bridges over Troubled Waters  
Sites and Sponsors: Mending Bridges over Troubled Waters
Sponsored by Medidata Solutions Worldwide

This podcast brings together two industry leaders to focus on the issues that divide sponsors and sites. On the one hand sites and sponsors unite in advancing better health care through a common passion for developing better drugs. Yet some issues divide them and bridges need to be built or mended to advance the highest levels of cooperation, coordination and success in clinical trials. Listen as the key issues are debated from the site and the sponsor side and new methods and technology are advanced that offer near-term and lasting solutions.

• Common ground in reaching agreement on a budget

• Improving the pace of agreement on budgets and contracts

• Processes for payment to sites on a timely basis

Listen Now  

More Podcasts

Job Openings

For reprints and/or copyright permission, please contact  Terry Manning, 781.972.1349 ,