Specialty Pharmacy

TOKYO and MAINZ, Germany — In a move that would expand its oncology pipeline, Astellas Pharma announced Friday its agreement to acquire Ganymed Pharmaceuticals for €422 million, or about $461 million. 

 

Under the agreement, Astellas would acquire 100% of the equity in Ganymed and Ganymed shareholders will be able to receive up to €860 million in further contingent payments tied to the progress of Ganymed’s most advanced clinical program, IMAB362. Ganymed would become a wholly owned subsidiary of Astellas. 

PHILADELPHIA — The statewide trade organization for life sciences company in Pennsylvania, which has been named Pennsylvania Bio, announced Wednesday that it would be changing its name and brand. 

 

LAS VEGAS — In a move aimed at addressing the two challenges of discovering new options for treatment and improving chronic disease management, Teva and IBM on Wednesday announced an expansion of their e-health alliance, with both projects running on the IBM Watson Health Cloud. 

 

FLINT, Mich. — Diplomat Pharmacy has announced big changes to its leadership team, including a new president and the departure of its CFO. 

 

As Diplomat president Gary Kadlec prepares to retire, effective Dec. 31, and serve out his term on the company’s board, Diplomat has named Paul Urick president, effective Nov. 1. Urick moves up from his position as Diplomat’s SVP industry relations, pharmaceutical account management and payer strategy. 

 

FLINT, Mich. — Diplomat Pharmacy on Tuesday announced that, in honor of American Pharmacists Month, it would be hosting a Diplomat Dialogue series that would take a closer look at specialty pharmacy the role of pharmacists. 

 

DUBLIN —Endon international announced Friday that its EVP and CFO Suketu Upadhyay would be leaving the company, effective Nov. 22, to assume a senior-level finance position at a global biopharmaceutical company. Endo SVP global finance operations Blaise Coleman will serve as interim CFO, and Endo said it would begin a search for a permanent replacement for Upadhyay. 

 

WASHINGTON — The Center for Pharmacy Practice Accreditation has accredited Thrifty White Specialty Pharmacy, the organization announced Friday. Thrifty White, based in Fargo, N.D., offers its specialty patients full pharmacy support services and has expanded its capabilities to serve specialty patients in all 50 states, in addition to the specialty medication pickup it offers at 90 of its retail locations.