pharmaceutical

GTCR Nears $4.8 Billion Deal To Acquire Advent’s Zentiva

September 11, 2025 8:37 am

Private equity firm GTCR is close to finalizing a deal to acquire Zentiva, the European generic drugmaker owned by Advent International, in a transaction valued at about $4.8 billion, according to people familiar with the matter.

GTCR is understood to have emerged as the frontrunner after surpassing offers from rival bidders, including other private equity firms and pharmaceutical companies. An official announcement could come as early as Thursday, the sources said, requesting anonymity because discussions remain private. Representatives for GTCR, Advent, and Zentiva have not yet provided comment.

Advent has been exploring a sale of Zentiva for several months, working …

A Monthly Pill Could Transform HIV Treatment And Prevention

August 27, 2025 3:01 pm

Tens of thousands of people living with HIV may soon swap their daily regimen of pills for a single tablet taken once a month. A landmark trial has found the new medication, developed by pharmaceutical giant Merck, to be as effective as the daily drug combinations currently used to keep the virus under control.

The pill belongs to a new class of drugs known as nucleoside reverse transcriptase translocation inhibitors, or NRTTIs. It works by blocking a critical step in the virus’s replication process, preventing HIV from embedding itself into the DNA chain. Researchers say the simplified dosing schedule could …

How We Disbursed ₦100bn To Pharma Manufacturers – Buhari

August 10, 2022 6:10 am

The Federal Government has announced that disbursed a total of ₦100 billion to indigenous pharmaceutical manufacturers and healthcare investors as loans to expand their capital base and boost local production of medicines and medical consumables.

President Muhammadu Buhari announced this on Tuesday in Abuja while receiving the new Executive Members of Nigerian Medical Association (NMA), according to a statement signed by presidential spokesperson Femi Adesina.

The President explained that the loan was extended through the Central Bank of Nigeria’s support to the private pharmaceutical sector.

He added that the Health Sector Reform Committee chaired by Vice-President Professor Yemi Osinbajo, is …

Pharma Chiefs Expect Coronavirus Vaccine In 12-18 Months

March 20, 2020 4:32 pm

The pharmaceutical industry expects it will take 12 to 18 months to roll out a coronavirus vaccine, executives said Thursday, as they jointly pledged to make it available worldwide based on need.

Bureaucracy could be slashed to speed up the process — but the time needed for safety testing could not be compromised, industry chiefs and the International Federation of Pharmaceutical Manufacturers and Associations told a virtual press conference hosted in Geneva.

“We’re confident technology will arrest this disease,” said IFPMA president David Ricks, the chairman of Eli Lilly and Company.

The global death toll has risen to over …