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AMAG Pharmaceuticals has entered into a licensing agreement with Palatin Technologies for the exclusive North American commercial rights to Rekynda (bremelanotide), an investigational product developed for on-demand treatment of hypoactive sexual desire disorder (HSDD) in pre-menopausal women.

Phoenix Life Sciences has executed a letter of intent to acquire Phoenix Bio Pharmaceuticals, a privately held company with a focus on intellectual property (IP). The current IP portfolio comprises condition-specific formulations, multiple proprietary compounds, extraction technology, and delivery systems for medical cannabis products.

Parexel International has entered into a definitive agreement to acquire The Medical Affairs Company, a provider of outsourced medical affairs services to the pharmaceutical, biotechnology, and medical device industries.

LabCorp is reportedly in negotiations to purchase Pharmaceutical Product Development (PPD), a global contract research organization operating in over 50 countries. The purchase price is rumored to be $8 billion and would include the purchase of debt.PPD was bought by two private equity firms, Carlyle and Hellman & Friedman, for $3.9 billion in 2011.

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