UK’s Shire pharmaceuticals company buys NPS Pharmaceuticals for $5.2bn

Posted on 12 Jan 2015 by Tim Brown

UK pharmaceutical company, Shire, is to purchase US firm NPS Pharmaceuticals in a deal worth approximately $5.2bn.

Shire is to acquire all outstanding shares of NPS Pharma for $46 per share in cash, with the firm planning to accelerate the growth of NPS Pharma’s innovative portfolio. The transaction has been approved unanimously by the Boards of Directors of both Shire and NPS Pharma. NPS Pharma is a rare disease-focused biopharmaceutical company and…

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