Archive for the ‘Achillion Pharmaceuticals’ Category

Hep C drug deal frenzy can’t be slowed by growing doubts

At the BIO CEO & Investor Conference in New York yesterday, Achillion CEO Michael Kishbauch wrapped up his remarks on the biotech’s hepatitis C programs by making it clear that he was angling for a clean buyout for a premium that would “put a silly…

Idenix gets good news on hep C trial, but can’t compete with Gilead

Idenix put out the news this morning that the FDA had lifted a partial hold on its hepatitis C drug IDX184–and then watched its share price slide.
In a sign of just how volatile the whole hepatitis C arena has become after back-to-back blockbuster buy…

Who’s next on hep C biotech buyout hit list?

After the big biotech deal comes the big biotech buzz. And one of the big questions on everyone’s mind after Gilead Sciences ($GILD) announced its $11 billion deal to acquire Pharmasset is, “Who’s next?” Would Inhibitex, Achillion or Idenix be the next…

Achillion Pharma CEO talks up sale amid Hep C trials

Achillion Pharmaceuticals CEO Michael Kishbauch told Bloomberg that his drug development group has entered serious talks with potential partners and parties interested in buying his company, with the firm’s board of directors preferring the latter. “We…