July 21, 2015.
The European Commission(EC) has approved the acquisition of Novartis's influenza vaccines business by CSL (Parkville, Victoria, Australia).
Novartis's human influenza vaccines business manufactures and sells influenza vaccines primarily in the US, the EEA and Argentina. The two companies' activities overlap regarding seasonal influenza vaccines. The EC concluded that the proposed acquisition would not raise competition concerns, because the combined market shares of the parties will remain moderate and strong competitors will remain active in the market after the merger.
More information is available on the EC's competition website.
Can Data and AI Deliver Whole-Person Health?
July 9th 2024Executives in the life sciences and medical device industries see promise in artificial intelligence (AI) and medical technologies, but must also navigate the changing healthcare ecosystem, varied stakeholder needs, and the impact of AI on market access and commercialization strategies.