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American Diversified Holdings has reached an agreement to acquire Brazos Biomedical, a biomedical device development company based in Houston, TX. Brazos has a proprietary device, Auracis, in pre-clinical development to treat headache pain using transcutaneous electrical nerve stimulation technology.
BioCryst Pharmaceuticals has announced a planned merger with Idera Pharmaceuticals. BioCryst is a developer of oral therapies for life threatening rare diseases and Idera is a rare-disease focused company investigating oligonucleotide-based therapeutics. The new enterprise will be named Valenscion.
Contract development and manufacturing organization Avara Pharmaceutical Services, has acquired a GlaxoSmithKline consumer healthcare manufacturing facility in Aiken, SC. The transaction expands Avara’s services by adding additional solid dose capability in the U.S.