One of the notable middle market transactions closed in March when Acrotech Biopharma LLC, a subsidiary of Aurobindo Pharma Ltd, acquired the business and assets of 7 Hematology Products from Spectrum Pharmaceuticals, Inc. for $300 million in cash and contingent payout. The acquisition would allow Acrotech Biopharma to expand its product offerings.
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Industry Indicators
- US consumer prices for medical care commodities, an indicator of healthcare costs, decreased 0.6% in March 2019 compared to the same period in 2018.
- US consumer prices for medical care services, an indicator of profitability for healthcare services, rose 2.3% in March 2019 compared to the same month in 2018.
- Total US revenue for healthcare and social assistance rose 3.8% in the fourth quarter of 2018 compared to the previous year.
Posted by Daniel Sirvent.
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This post first appeared on CFA | Mergers, Acquisitions And Capital Resources, please read the originial post: here
