Warburg and Advent in the lead to acquire Baxter’s biopharma unit
A private equity consortium comprising Warburg Pincus and Advent International is in advanced talks to acquire medical device maker Baxter International Inc’s (BAX.N) biopharma solutions business in a deal that could reach or exceed $4 billion, people familiar with the matter said on Sunday. Warburg Pincus and Advent have submitted the most attractive offer to […]
Lebanon inks final deal for 2.1 mln doses of Pfizer-BioNTech vaccine
BEIRUT, Jan 17 (Reuters) – Lebanon’s caretaker health minister signed a final deal on Sunday to secure 2.1 million doses of Pfizer-BioNTech’s COVID-19 vaccine as the country battles a steep rise in infections. The vaccines are expected to arrive in batches starting February, the ministry said in a statement. The ministry is also cooperating with […]
Private equity and biotechnology: Michael Johnson talks about the role investors play in the development of the biotech industry
Michael Johnson, group head of institutional services at fund administrator Crestbridge, talks to Funds Europe about the role investors play in the development of the biotech industry. What due diligence must private equity funds carry out when investing in biotechnology? With a high degree of interest in biotechnology even before the pandemic hit, private funds […]
