Pharma Deals Review, Vol 2012, No 4 (2012)

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Shire Strengthens its Regenerative Medicine Business with Pervasis Therapeutics Purchase

Heather Cartwright

Abstract


Shire is to bolster its burgeoning regenerative medicine division by acquiring substantially all of the assets of Pervasis Therapeutics in a deal that is reportedly worth as much as US$200 M. With the acquisition, Shire will gain Pervasis’ endothelial cell-based technology platform and its Phase II therapy Vascugel® for improving haemodialysis access in end-stage renal disease patients. The product will complement Dermagraft®, a treatment for diabetic foot ulcers that Shire obtained with its purchase of Advanced BioHealing.



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