Life Sciences Blog

British pharma company announces two deals that could double its revenue

Posted on May 23rd, by Michael Shapiro-Barr

British pharmaceutical company, BTG, has announced two deals that could result in the establishment of an interventional medicine business with sales of $1 billion.  BTG has agreed to buy Nordion Inc. for close to $200 million, as well as EKOS Corp. for $180 million.  The two purchases will add new technology to BTG’s chemotherapy unit and new treatment for severe blood clots.

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