Sanofi-aventis acquired Genzyme for $21 billion
On Feb. 15, 2011, Sanofi-aventis announced it would acquired Genzyme for $74 a share in cash or $21.1…
Trubion Pharmaceutical was acquired by Emergent BioSolutions
On Oct. 28, 2010, Emergent BioSolutions announced it had completed the acquisition of Seatte-based Trubion Pharmaceutical for upfront…
Marina Biotech acquired Cequent Pharmaceuticals for $44 million
On Jul. 22, 2010, MDRNA announced that MDRNA shareholders approved the issuance of shares of MDRNA common stock…
Roche completed it’s acquisition of Genentech for $46.8 billion
On Mar. 26, 2009, Roche completed its acquisition of Genentech for $46.8 billion pursuant to a short-form merger…
Sonus Pharmaceuticals was acquired by OncoGenex
On Aug. 20, 2008, Sonus Pharmaceuticals was acquired by OncoGenex Technologies in a reverse merger transaction worth $10.36…
Bentley Pharmaceuticals was acquired by Teva Pharmaceutical Industries
On Jul. 22, 2008, Bentley Pharmaceuticals was acquired by Teva Pharmaceutical Industries. At closing, Bentley consisted solely of…
The North Carolina School of Pharmacy was renamed in honor of Fred Eshelman
On May 21, 2008, the North Carolina School of Pharmacy was renamed the Eshelman School of Pharmacy in…
Merck voluntarily recalled 12 million doses of Haemophilus influenzae type b
On Dec. 12, 2007, Merck voluntarily recalled 1.2 million doses of Haemophilus influenzae type b (Hib) vaccines due…
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National Cancer Institute Annual Report to the Nation finds cancer death rate decline doubling
on Oct. 15, 2007, the annual report from the National Cancer Institute (NCI) showed that cancer death rates…
Stanford researchers identified pattern of gene expression shared by transplant patients who stay healthy without anti-rejection drugs
On Aug. 20, 2007, researchers from Stanford University announced they had identified a pattern of gene expression shared…
Cody Laboratories was acquired by the Lannett Company
On Apr. 12, 2007, Cody Laboratories was acquired by the Lannett Company based in Philadelphia, Pennsylvania. In 2006,…
Cody Laboratories became one of only seven companies in the U.S. granted import license for raw opiate material
On Apr. 12, 2007, Cody Labs became one of only seven companies in the U.S. to be granted…
Eli Lilly completed its acquisition of ICOS Corp for $23 billion
On Jan. 29, 2007, Eli Lilly announced it had completed its acqusition of ICOS Corp. for $2.3 billion…
FDA licensed the refrigerator formulation of FluMist
On Jan. 9, 2007, the U.S. Food and Drug Administration (FDA) announced it had approved a refrigerated form…
Sirna Therapeutics was acquired by Merck for $11 billion in cash
On Jan.2, 2007, Merck announced that it had completed its acquisition of Sirna Therapeutics for $1.1 billion in…
Vanderbilt Center for Neuroscience Drug Discovery was founded
In 2007, the Vanderbilt Center for Neuroscience Drug Discovery was established, combining the expertise of four groups of…
Cocrystal Discovery (Cocrystal Pharma) was founded
In 2007, Cocrystal Discovery, now known as Cocrystal Pharma, was founded in Bothell as a pharmaceutical company with…
ICOS Corp announced agreement to be acquired by Eli Lilly
On Oct. 18, 2006, ICOS announced it had signed an agreement to be acquired by Eli Lilly and…
Trubion Pharmaceutical completed its IPO
On Oct. 18, 2006, Trubion Pharmaceutical completed its IPO of 4,000,000 shares of common stock at $13.00 per…
Corus Pharma was acquired by Gilead Sciences for $365 million
On Aug. 11, 2006, Gilead Sciences announced that it had completed its acquisition of Corus Pharma for $365…
The Frances Langford Heart Center opened its doors
On Aug. 1, 2006, the Frances Langford Heart Center opened its doors bringing open-heart surgery and interventional cardiology…
Johnsonﾠ &ﾠ Johnson acquired Pfizer Consumer Healthcare for $16.6 billion
On Jun. 27, 2006, Johnsonﾠ &ﾠ Johnson announced it had acquired Pfizer Consumer Healthcare for $16.6 billion, which…
Stealth Biotherapeutics was founded
In 2006, Stealth BioTherapeutics was established as an innovative biopharmaceutical company developing therapies to treat mitochondrial dysfunction associated…
Calistoga Pharmaceuticals was founded
In 2006, Calistoga Pharmaceuticals was founded as a Seattle-based spin-off from ICOS Corp. that was dedicated to developing…
Corixa Corp. was acquired by Glaxosmithkline for $300 million
On Jul. 12, 2005, Corixa Corp., based on First Hill in Seattle, was acquired by Glaxosmithkline (GSK) for…
The FDA’s Drug Safety Oversight Board was formed
On Feb. 15, 2005, in response to concerns about the safety of a number of prescription medicines, the…
Eli Lilly and Company launched new antidepressant Cymbalta
On Aug. 24, 2004, Eli Lilly and Company launched Cymbalta (duloxetine HC), a new treatment for major depression…
Medicare Prescription Drug Improvement Act required a study to make information about prescription drugs available to the visually impaired
On May 20, 2004, the Medicare Prescription Drug Improvement and Modernization Act, signed in 2003, required among other…
FDA issued public health advisory urging health professionals to limit the use of Cox-2 selective agents
In 2004, Merck announced a voluntary worldwide withdrawal of Vioxx (rofecoxib) because of an increased risk of heart…
The Emergency Use Authorization program was established
In 2004, the Emergency Use Authorization (EUA) program was established in 2004, when the Project BioShield Act, among…