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OncBioMune Pharmaceuticals has acquired Vitel Laboratorios, which gives OncBioMune two drugs sold in Mexico — Bekunis for constipation and Cirkused for stress. Vitel has a total of seven other products that are either already in the registration stage or planned for launch later in 2017.

Mylan has agreed to the terms of a global settlement with Genentech in relation to patents for Herceptin (trastuzumab), which provides Mylan with global licenses for its trastuzumab biosimilar product. Under the settlement, Mylan has agreed to withdraw its pending inter partes review challenges against two U.S. Genentech patents. Mylan says it anticipates potentially being the first company to launch a biosimilar to Herceptin in the U.S.

Seven Point Equity Partners has acquired Totowa, NJ-based Medin Corp. a maker of sterilization cases and trays for the orthopedic implant and instrument industry. No financial terms were disclosed.

3D Medical Manufacturing is expanding its presence in A Palm Beach County, FL. The producer of implants, cutting tools and similar instruments has committed to create over five years 178 jobs, and invest $12 million in new equipment and an expanded headquarters in Riviera Beach.

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