Shire acquisition

November 13, 2013

Shire Pharmaceuticals has announced the US$4.2 billion purchase of ViroPharma, with the move “entirely consistent with our clear strategic objective of strengthening our rare disease portfolio,” according to Shire ceo Flemming Ornskov. ViroPharma products include Cinryze (C1 esterase inhibitor) which is approved for the prophylactic treatment of hereditary angiodema (HAE), and will complement Shire’s Firazyr (icatibant) for the same condition. ViroPharma’s revenue last year was US$428m, with Shire saying it sees “significant opportunity for future revenue growth” for Cinryze, both in the US and overseas markets as new HAE patients are identified and more doctors gain experience with the therapy.

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Pharmacy Daily | Shire acquisition

Shire acquisition

Other recent headlines

LGP results set it for growth

On-site experts in aged care facilities

Pharmacist invention seeks US patent

SEARCH PHARMACY DAILY

Featured video

Recent issues

INDUSTRY JOB VACANCIES