Nasdaq Stockholm-listed Asker Healthcare Group, a leading provider of medical products and solutions in Europe, has signed an agreement to acquire 100% of the shares in Allion (Van Heek Medical), part of Mosadex, a manufacturer and distributor of medical supplies in the Benelux region.
Van Heek Medical specialises in providing...
Nasdaq Stockholm-listed Swedish Orphan Biovitrum (SOBI), a global biopharma company, is to acquire US-based Arthrosi Therapeutics, a clinical-stage biotech company focused on the development of therapy for gout and chronic kidney disease. Arthrosi was invested in and incubated by HK-listed Viva Biotech Holdings.
Under the terms of the agreement, Sobi will pay up to US$1.5bn in total transaction value, including an upfront payment at closing of US$950m, and contingent consideration of up to US$550m. Following close, Viva Biotech will have no shareholding in Arthrosi.
The deal strengthens Sobi’s pipeline for the potential...
