Shire bets big on rare diseases

On January 19, 2016, In Director Articles, Tags ,,,
Speciality pharma firm Shire has agreed to buy Baxalta for around $32 billion (£22 billion), to further expand its portfolio of treatments for rare diseases. Baxalta, the spun-off pharmaceutical arm of Baxter, initially rejected Shire’s advances in mid-2015, saying the newly-formed company needed time to decide on its strategy. Shire gets 45% of its revenue…

Can rare diseases be a viable option for the pharma industry?

In this article, Christopher Ehinger questions whether rare diseases are a viable option for the pharma industry. He looks at the total number of approvals and orphan drug designations in the US since the Orphan Drug Act of 1983 and the factors driving pharma to invest its research and development budgets into discovering orphan drugs.   Background Rare…