Tag Archives: npsp

Shire Agrees To Acquire NPS Pharmaceuticals

Anglo-Irish drugmaker Shire (SHPG) announced on Monday that it had agreed to acquire NPS Pharmaceuticals for $5.2 billion in an all-cash deal. Dublin-based Shire said on Sunday that it will pay $46 a share for NPS Pharmaceuticals (NPSP), which is based in New Jersey and specializes in drugs for gastrointestinal disorders. That represents a 51% premium to NPS Pharmaceuticals share price of 30.47 on Dec. 16, before rumors of the deal emerged. The

NPS Pharma Finds Big Success In Tiny Markets

A lot of drug companies outsource parts of their operations — manufacturing, for instance, or running clinical trials. Back in 2007, Francois Nader had a more radical idea: What if you outsource everything? Nader was an executive at NPS Pharmaceuticals (NPSP), and the company was in dire straits after failing to win U.S. approval for its osteoporosis drug Preos, even though Europe accepted it. To save the company financially, he proposed selling